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  • LINCOLN FINANCIAL GROUP TRANSFORMS RETIREMENT PLANNING; CALLS ON CONSUMERS TO SHIFT TO ACTION PLANNING

    January 23, 2024 by Havas

    New campaign from Lincoln Financial and Havas, “The Action Plan,” is reframing the way the financial category portrays 50+ and the life they want during retirement

    NEW YORKJan. 16, 2024 /PRNewswire/ – Lincoln Financial Group debuted today “The Action Plan,” a campaign that reframes the way the financial category perceives and talks about the new era of retirees. Based on the latest research from the firm, those in their 50s and early 60s are healthier and more active than any generation prior—they will likely live longer, healthier lives—and retirement will not slow them down. With this insight, alongside advertising agency partner Havas and media agency partner, Crossmedia, the new campaign is based on the theme “Make Your Pastimes Last a Lifetime.”

    “The research and insight that influenced this campaign strategy is important from not only a marketing perspective, but from a human perspective,” said Kathy Kavanaugh, SVP, CMO, Individual Solutions & Brand at Lincoln Financial. “We dug deep into the mindset of our pre-retiree audience to understand what they want their retirement to look like — our research revealed that 64% of (affluent) 50–60-year-olds say they anticipate spending the same or more amount of time on their activities and pastimes in retirement. All in all, we found that they have no plans to slow down, big dreams for the future, and pastimes they want to explore more.”

    The research shows that the new generation of retirees will require their money to go further than ever before, but the retirement conversation is broken. Not only so, but the way this demographic is portrayed is broken as well. Two in every three of adults 50+ agree that the media often rely on outdated stereotypes to portray people their age. This opens a completely new conversation around retirement planning and presents an opportunity for Lincoln to showcase retirees outside of category norms.

    “Our strategy came to life when we realized this group needs more than a retirement plan, they need an action plan,” said Tim Maleeny, Chief Strategy Officer of Havas Creative North America. “We want consumers to be asking: ‘Will I have enough money to ensure my pastimes last a lifetime?’ And we believe this white space in the category ensures that Lincoln will be the financial services brand for people who never want to slow down.”

    The campaign urges consumers to rethink the way they approach the concept of retirement, shifting from “retirement planning” to “action planning.” The campaign’s new reframe of retirement advertising features The Hiking Plan, The Wellness Plan, The Sailing Plan, and essentially any pastime consumers will need to financially plan for.

    “The Action Plan campaign challenges people to self-reflect on what their pastimes are, taking an untraditional approach to spark conversations around retirement planning: What am I passionate about doing? What have I always had to make time for in my working years but will have more time to enjoy in retirement?” said Angela Laubmeier, Vice President of Corporate Brand & Advertising at Lincoln Financial. “This campaign is deeply reflective and demonstrates the uniqueness of the individuals that our brand and company help each day.”

    The “plans,” purposefully art directed and designed, are one of the biggest breakthroughs within.

    “The thick, slanted, white type in TV and digital out-of-home puts the campaign more in the company of performance brands than stuffy financial brands to appeal to this active audience,” said Israel Garber, Creative Managing Director of Havas New York. “Our films are shoutouts to people who didn’t let their 50th birthday change what gets them going. It’s time someone showed the truth of what we are all doing; not the tropes of our parents’ retirement ads!”

    The agency will roll out a fully integrated creative campaign across connected TV, social media, digital, and out-of-home in New York and Chicago starting in January. Click here to watch the campaign “Anthem.” More of The Pastime Series includes: Culinary PlanExplorer Plan, and the Sailing Plan

    To learn more about how to take financial action today to help ensure your pastimes last a lifetime, visit LincolnFinancial.com/ActionPlan. 

    1 Source: Lincoln Financial, Consumer Sentiment Tracker, September 2023 

    About Lincoln Financial Group

    Lincoln Financial Group helps people to plan, protect, and retire with confidence. As of Dec. 31, 2022, approximately 16 million customers trust our guidance and solutions across four core businesses—annuities, life insurance, group protection, and retirement plan services. As of September 30, 2023, the company had $290 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates, including The Lincoln National Life Insurance Company, Fort Wayne, IN, and in New YorkLincoln Life & Annuity Company of New YorkSyracuse, NY. Learn more at LincolnFinancial.com.

    About Havas

    Founded in 1835 in Paris, Havas is one of the world’s largest global communications networks, with more than 22,000 people in over 100 countries sharing one single mission: to make a meaningful difference to brands, businesses, and people. Havas has developed a fully integrated model through its 70+ Havas Villages around the world, covering all communication activities. The teams of the three business units—Havas Creative Network, Havas Media Network, and Havas Health & You—, work together with agility and in perfect synergy to offer tailor-made, innovative solutions to clients who support them in their positive transformation. Havas is committed to building a diverse culture where everybody feels they belong and can be themselves and thrive. Havas integrated into Vivendi, a global leader in media, entertainment, and communications, in December 2017. Further information about Havas is available at www.havas.com.

    SOURCE Havas Worldwide, LLC

    Originally Posted at PR Newswire on January 16, 2024 by Havas.

    Categories: Industry Articles
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