MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, April 6, 2000 SEI Teams With Lincoln for First VA Lincoln Life and SEI Investments are teaming up for a new variable annuity offering to be launched in the fall, in order to target the financial intermediary channel. SEI's mutual funds will be the underlying investment options for the VA, SEI's first, while Lincoln will provide product design, customer service, and administration.
Stephen Lewis, CEO of the annuities group for Lincoln said that the firm already has a strong presence in the wirehouses and regional brokerage channels -- the new offering will help his division make inroads into the advisor channel. Carmen Romeo, president of SEI's investment advisory group, said his firm selected Lincoln over several of its competitors on the basis of its "service, technology and its strong commitment to the success of SEI's variable annuity initiative." The variable annuity is slated to roll out in August 2000. Printed from: MFWire.com/story.asp?s=25635 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |
