Symetra Retirement Solutions Now Available to Banco Popular Customers through Popular Investments®
Chicago, Ill. / Bellevue, Wash. — (February 16, 2006) — Symetra
SM Life Insurance Company and Popular Investments, a service of IFS Agencies, Inc, are teaming up to help Banco Popular North America (BPNA) customers meet their retirement income needs. Popular Investments has begun providing customers access to a suite of Symetra annuities within BPNA branch locations and through the Popular Investments network of financial consultants.
In conjunction with Popular Investments, BPNA — one of the country’s leading community banks — will make Symetra annuities available from investment centers located at branches throughout California, Texas, Florida, Illinois, and New Jersey. The fixed annuities offered through Popular Investments include the
Symetra Advantage Income Annuity, Symetra Target Income Fixed Annuity, and
Symetra Select Fixed Annuity.
“We are excited about our partnership with Symetra which allows us to offer customers an even broader array of annuity options,” said Jeffrey Ellis, senior vice president of Popular Investments. “Annuities can play an important role in saving for retirement and this partnership reflects Popular Investments commitment to helping our customers with every option they need to have the best planning for the future. We understand what it takes to reach financial success and how to guide our customers to achieve this success.”
Today’s retirees are likely to live longer, have higher expenses during retirement, and face the prospect of inflation diminishing their savings. Symetra annuities through Popular Investments can help customers overcome these challenges and can reduce the danger of outliving retirement savings.
Fixed annuities give customers a secure way to build retirement savings and they can guarantee a lifetime of income. By purchasing a fixed annuity, customers gain access to a dependable, “pension-like” income stream for the future. Interest rates are guaranteed by Symetra Life Insurance Company and these products can provide stable returns over a set period of time.
For New York: First Symetra Retirement Solutions Now Available to Banco Popular Customers through Popular Investments®
About Banco Popular
Banco Popular is a subsidiary of Popular, Inc. with more than $44 billion in assets, and is ranked among the country’s 30 largest bank holding companies. Banco Popular North America has 137 branches in six States. The BPNA Foundation has contributed to the success of 16 not-for-profit organizations across the U.S. in 2005 and the bank achieved an “Outstanding” rating in its Community Reinvestment Act (CRA) rating for 2005. For more information, visit
www.bancopopular.com.
About Popular Investments
Popular Investments is a service of IFMG Securities, Inc. (IFMGSI). Securities are offered through IFMGSI, a registered broker dealer (member NASD/SIPC). Insurance is offered through IFS Agencies, Inc. (IFSA), a licensed insurance agency. IFMGSI and IFSA are not affiliated with Banco Popular.
Insurance products are not FDIC Insured and are not obligations of, nor guaranteed by, Banco Popular. These insurance products are not a deposit, may lose value, and are not insured by any federal government agency.
About Symetra Financial
Symetra Financial is a family of companies with nearly a half-century of experience providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. For more information, visit Symetra Financial's Web site at
www.symetra.com.
Symetra: Shared Opportunity
SM
Symetra Advantage Income Annuity, Symetra Target Income Fixed Annuity, and Symetra Select Fixed Annuity are issued by Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. Contract form numbers in most states for Symetra Advantage Income Annuity are LIA-26 7/00 or LIA-27 7/00. Contract form number in most states for Symetra Target Income Fixed Annuity is LIA-47 12/04. Contract form numbers in most states for Symetra Select Fixed Annuity are LPC-1237 3/01, LPC-1238 3/01 and LPC-1239 3/01. Not available in all states. Not guaranteed by the Pension Benefit Guaranty Corporation.
Symetra® and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004.
