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Products April 25, 2011
Security Benefit Introduces VA Offering for Retirement Plans
Security Benefit, a Guggenheim Partners Company, launched
EliteDesigns as the inaugural product for its new Personal Retirement
Savings (PRS) initiative.
Reported by Rebecca Moore
EliteDesigns combines a tax-deferred variable annuity with 200 investment options for registered investment advisers (RIAs) and other fee-based advisers and their clients.
The EliteDesigns variable annuity leverages the advantages of an insurance product with the benefits of a diverse investment platform, Security suggests. It is structured to suit a variety of investment strategies that can meet an array of risk and reward objectives; from a relatively passive but well-diversified buy-and-hold investment program, to a progressive core and satellite model, to a highly sophisticated tactical strategy.
For the investment options that permit active trading, there are no trading limits and no redemption fees. Complete product details are available at http://www.EliteDesignsinvestments.com.