|
Planning for retirement income doesn’t have to cause heartburn. Rather than riding the ups and downs of the market, many prefer the comfort and security that funds and annuities provide. However, the fees and costs associated with funds and annuities can and do eat into your clients’ gains. Symetra can help your clients who prefer the guarantees of an annuity but want to maximize the value of their investment with our Symetra Focus variable annuity.
Low-costs benefit your clients
Symetra Focus provides one of the lowest costs of ownership available on the market today. According to VARDS, a leading source of variable annuities data, average total contract expenses for variable annuities were 2.51 percent of assets in 2006.1 With Symetra Focus, the average total cost including all available investment options is 1.59 percent — 36.6 percent less than the industry average.2
Over the lifetime of an annuity, this represents a significant amount of potential retirement income – up to $125,000 based on a $250,000 initial investment - that could be passed on to your clients.3
Symetra Focus includes index-style investments that typically outperform most managed investments by simply mirroring a market index. An analysis of 23,000 funds found that Standard and Poor’s 500-style index funds outperformed 80 percent of managed funds — largely because of managed funds’ higher expenses.4
Simple and professionally managed
While some investors may find success chasing hot funds, most end up ultimately buying high and selling low. In a 20-year span ending in 2003, the market returned over 12 percent in investment value, but the average investor saw returns of only about 3 percent.5 Why such a gap? Overreaction to dips and rises in the market, combined with too many investment options, and the average investor often finds himself behind the curve.
The Symetra Focus variable annuity eliminates much of the guesswork that goes into investing and retirement by encouraging the buy-and-hold philosophy that can dramatically improve results over time. With low-cost, index-style investments offered by respected firms such as Fidelity and Vanguard, as well as Ibbotson’s asset allocation funds, Symetra Focus enables clients to easily select a research-driven investment strategy tailored to their individual risk preference.
What’s the bottom line?
The Symetra Focus VA provides a simple, easy-to-understand investment for your clients that, unlike funds and stocks, guarantees an income for life. Its low-cost structure means that less of their money is diverted into fees and more is returned to them.
As an agent, you get a product that is easy to understand and easy to sell. It’s one of the lower cost annuities on the market today and takes simplicity to another level.
If you’re interested in learning more, please visit the Symetra Focus Web site at www.symetra.com/focus, or contact the Symetra Sales Center at invest@symetra.com or 1-800-706-0700.
|
