Steven Wevodau Lincoln Financial

Lincoln Financial Group Names Will Fuller President & CEO of Lincoln Financial Distributors - Posted by Steven Wevodau

PHILADELPHIA, Feb. 5 /PRNewswire-FirstCall/ — Lincoln Financial Group (NYSE: LNC - News) today announced that Will Fuller has been named President and CEO of Lincoln Financial Distributors (LFD), the wholesale distribution arm of Lincoln Financial, effective February 13, 2009. As President of LFD, Fuller will be responsible for partnering with financial intermediaries to provide essential solutions and advice to clients to help them secure their financial futures. He will also work closely with Lincoln Financial’s Insurance Solutions, Retirement Solutions, and Delaware Investments divisions to grow sales across Lincoln’s industry-leading products, and will sit on the company’s Senior Management Committee.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO )

“With Will’s extensive distribution experience and proven leadership abilities, I am confident that Lincoln Financial Distributors will continue to lead the industry in market share gains,” said Dennis R. Glass, President and CEO, Lincoln Financial Group. “In addition, Will has a deep appreciation for how our unique structure and talented professionals differentiate LFD from our peers that will help drive the organization forward.”

Fuller comes to Lincoln Financial from Merrill Lynch & Co., Inc. At Merrill Lynch, Fuller headed product distribution for the Global Wealth Management group. In addition to leading the distribution organization, Fuller was a key contributor to Merrill Lynch’s growth strategy, with a special focus on innovation in Merrill Lynch’s product offerings, processes, and the client experience. Fuller spent most of his career at Merrill Lynch, serving in various distribution capacities over a dozen years. He holds a BA in business from The Citadel in Charleston, SC. He sits on the boards of Merrill Lynch Global Selects, an offshore fee-based investment advisory company, and the Trenton Boys and Girls Club of America.

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC - News) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $200 billion as of September 30, 2008. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and comprehensive financial planning and advisory services. Affiliates also include: Delaware Investments, the marketing name for Delaware Management Holdings, Inc. and its subsidiaries; and Lincoln UK. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

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Dividend Declaration: Delaware Enhanced Global Dividend and Income Fund Announces Dividends

POSTED BY STEVEN WEVODAU

PHILADELPHIA, Jan. 2 /PRNewswire-FirstCall/ — Today, Delaware Enhanced Global Dividend and Income Fund (the “Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “DEX,” declares a monthly dividend of $0.1025 per share. The dividend is payable January 30, 2009, to shareholders of record at the close of business on January 16, 2009. The ex-dividend date will be January 14, 2009.The $0.1025 per share dividend represents a decrease of $0.0395 per share from the previously declared monthly dividend of $0.1420 per share, beginning with the dividend to be paid on January 30, 2009. The reduced monthly distribution reflects the impact of ongoing economic and market volatility and its effect on the amount of available capital gains and net investment income earned by the Fund. Given the challenging overall market conditions that exist, the Fund’s distribution rate was decreased to a level closer to the net investment income and capital gains currently expected to be generated by the Fund. The Fund continues to evaluate its monthly distribution in light of ongoing economic and market conditions and may take further action in the future.

The Fund’s primary investment objective is to seek current income, with a secondary objective of capital appreciation. The Fund invests globally in dividend-paying or income-generating securities across multiple asset classes, including but not limited to: equity securities of large, well-established companies, securities issued by real estate companies (including real estate investment trusts and real estate industry operating companies), debt securities (such as government bonds, investment grade and high risk, high yield corporate bonds, and convertible bonds), and emerging market securities. The Fund also utilizes enhanced income strategies by engaging in dividend capture trading, option overwriting, realization of gains on the sale of securities, dividend growth, and currency forwards.

Under normal market conditions, the Fund will invest: (1) at most 60% of its net assets in securities of U.S. issuers; and (2) at least 40% of its net assets in securities of non-U.S. issuers, unless market conditions are not deemed favorable by the Manager, in which case, the Fund would invest at least 30% of its net assets in securities of non-U.S. issuers. In addition, the Fund utilizes leveraging techniques in an attempt to obtain higher return for the Fund. There is no assurance that the Fund will achieve its investment objectives.

The Fund has implemented a managed distribution policy. Under the policy, the Fund is managed with a goal of generating as much of the distribution as possible from net investment income and short-term capital gains. The balance of the distribution will then come from long-term capital gains to the extent permitted and a return of capital.

About Delaware Investments:

Delaware Investments, an affiliate of Lincoln Financial Group, is a Philadelphia-based diversified asset management firm with more than $125 billion in assets under management as of September 30, 2008. Through a broad range of managed accounts and portfolios, mutual funds, retirement accounts, sub-advised funds and other investment products, Delaware Investments provides investment services to individual investors and to institutional investors such as private and public pension funds, foundations, and endowment funds. Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. For more information on Delaware Investments, visit the company at http://www.delawareinvestments.com or for shareholder related questions, call 800 523-1918. Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC - News) and its affiliates. For more information on Lincoln Financial Group, visit http://www.lincolnfinancial.com.


Source: Delaware Investments

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Saturday, January 3rd, 2009 Steve Wevodau - Life Insurance Comments Off

Lincoln Financial Network Donates $10K on Behalf of Planner Andy Castro

POSTED BY STEVE WEVODAU

SAN DIEGO, Dec. 30 /PRNewswire-FirstCall/ — Lincoln Financial Network (LFN), the marketing name for the retail sales and financial planning affiliates of Lincoln Financial Group, announced today that it donated $10,000 to Temecula Valley People Helping People on behalf of Andy Castro, who was named Advisor of the Year for 2007. People Helping People is a non-profit organization dedicated to assisting families in need in and around Temecula Valley, Calif.Castro, who is appointed with Lincoln Financial Network’s life insurance affiliate, is president of Castro Financial Group (CFG, Inc.). CFG, Inc. offers a wide range of programs and services, including estate planning and insurance. This honor is awarded each year to a top advisor affiliated with LFN. The donation from LFN is part of the honor of being named Advisor of the Year. The funds were used to help provide Thanksgiving meals to 15,000 Riverside County residents.

“I am thrilled that Lincoln Financial is providing this generous donation to People Helping People. This organization is very dear to me, and I am proud to be associated with the entire team there,” said Castro.

People Helping People was founded in 1992 to help a Temecula Valley-area non-profit group provide Christmas presents for abused children. Today, the organization provides assistance to under-privileged children, families, senior citizens and other non-profit organizations.

About Lincoln Financial Network

Lincoln Financial Network is the marketing name for the retail sales and financial planning affiliates of Lincoln Financial Group and includes Lincoln Financial Securities Corp. and Lincoln Financial Advisors Corp., both members of FINRA and SIPC. Consisting of more than 7,000 independent representatives, career agents, and full-service financial planners throughout the United States, Lincoln Financial Network professionals can offer planning and advisory services, retirement services, life products, annuities, investments, and trust services to affluent individuals, business owners, and families.

About Lincoln Financial Group

Lincoln Financial Group, headquartered in Philadelphia, is the marketing name for Lincoln National Corporation (NYSE: LNC - News) and its affiliates. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and comprehensive financial planning and advisory services. Affiliates also include: Delaware Investments, the marketing name for Delaware Management Holdings, Inc. and its subsidiaries; and Lincoln UK. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.lincolnfinancial.com.


Source: Lincoln Financial Group

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Wednesday, December 31st, 2008 Steve Wevodau - Life Insurance Comments Off