Lincoln Financial announced the launch of Stadion’s StoryLine Dynamic

Lincoln Financial Group announced the launch of Stadion’s StoryLine Dynamic, a Qualified Default Investment Alternative (QDIA) program, built in collaboration with Stadion Money Management.

The QDIA program is designed to evolve with plan participants and transition their investments to a more custom, personalized allocation strategy as they near retirement age. Built with Stadion’s technology, this solution combines a target date fund (TDF) for younger individuals with Stadion’s StoryLine managed account service for participants aged 50 and older.

“Throughout a participant’s retirement journey their needs change, and StoryLine Dynamic is designed to evolve to meet their needs. This new offering will allow plan sponsors to offer a more robust, customized retirement solution for participants who are not as actively engaged in making investment decisions to help them achieve better retirement outcomes.” – Ralph Ferraro, senior vice president, president of Retirement Plan Services, Lincoln Financial Group.

“Expanding our solution with Lincoln Financial demonstrates our joint commitment to offering services that help people prepare for retirement. Stadion’s technology provides a way for Lincoln Financial to facilitate a dynamic QDIA program.” – Todd Lacey, Chief Revenue Officer for Stadion Money Management and Smart.

Stadion Money Management (recently acquired by Smart, a global savings and investments technology provider) is a managed account provider offering personalized retirement services to plan sponsors and their participants.