First Symetra Retirement Solutions Now Available to Banco Popular Customers through Popular Investments®
Chicago, Ill. / Bellevue, Wash. — (February 16, 2006) — First Symetra
SM National Life Insurance Company of New York 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 First 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 First Symetra annuities available from investment centers located at branches throughout New York. The fixed annuities offered through Popular Investments include the
First Symetra Advantage Income Annuity and
First Symetra Select Fixed Annuity.
"We are excited about our partnership with First 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. First 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 First Symetra National Life Insurance Company and these products can provide stable returns over a set period of time.
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.
First Symetra Advantage Income Annuity and First Symetra Select Fixed Annuity are issued by First Symetra National Life Insurance Company of New York, PO Box 34690, Seattle, WA 98124. Contract form numbers are LIA-26/NY 7/00 or LIA-27/NY 7/00 for First Symetra Advantage Income Annuity. Contract form numbers for First Symetra Select Fixed Annuity are LPC-13631NY 12/04.
SymetraSM is a service mark of Symetra Life Insurance Company, not a licensed insurer in New York.
