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About Scarborough Securities
Scarborough Securities Corporation is a member firm of the Financial Industry Regulatory Authority (FINRA) and is registered with the Securities and Exchange Commission (SEC). Scarborough Securities is part of the Scarborough Group of Companies and we have been helping union members and their families plan for their financial retirement since 1970.Advantages of the Scarborough Advantage Tax-Deferred Savings Transferring an Existing Annuity Professional Money Management Top Performing Investment Options Low fees - no sales charges, withdrawal charges or surrender fees - ever Guaranteed Death Benefit The Scarborough Advantage If you like the idea of having tax-deferred earnings on investments that are not part of a pension or 401(k) plan, we can help you meet your retirement investing goals. Scarborough Securities Corporation offers you a tax-advantaged investment: the Scarborough Advantage variable annuity. With this solution from Scarborough Securities, you can enjoy tax-deferred growth, professional money management, investment diversification including a fixed income account and retirement planning assistance. Be sure to ask about the Scarborough Advantage as part of your retirement investment portfolio. * Earnings will be taxed as ordinary income upon withdrawal. Transferring an Existing Annuity If you have an existing annuity with another company and are interested in taking advantage of the features of the Scarborough Advantage Variable Annuity, you can do a tax-free exchange to our annuity. Contact us first to find out if surrender charges may apply to your existing contract. Professional Money Management (All figures are as December 31, 2009) The Dreyfus Corporation, headquartered in New York, is one the nation's largest asset managers specializing in fixed income securities. The Dreyfus Corporation manages over $401 billion in fixed income assets. T.Rowe Price, located in Baltimore, Maryland and founded in 1937, is one of the premier global investment management firms in the world. It manages more than $391.3 billion in assets for individuals, separate accounts and institutions. Goldman Sachs, founded in 1869, is one of the oldest and largest investment banking firms. The firm is headquartered in New York and manages over $871 billion in assets. Goldman Sachs offers investment products primarily through separately managed accounts and commingled vehicles, such as mutual funds and private investment funds, across all major asset classes. Invesco, founded in 1978 and headquartered in Atlanta, Georgia, is a leading independent investment management company that manages over $423.1 billion in assets. The Company offers a suite of domestic and global products. Janus Capital, founded in 1969, is a global asset management company with $159.7 billion in assets under management. Headquartered in Denver, Colorado, Janus Capital offers investment products through mutual funds, separate accounts and subadvised relationships in both domestic and international markets. Neuberger Berman, founded in 1939 and based in New York, is an independent asset management firm that manages both equity and fixed-income mutual funds for individual and institutional clients. The firm has approximately $173 billion in assets under management. Pacific Investment Management Co. (PIMCO), founded in 1971, is a leading investment management firm. With $1 trillion in assets under management, the company is one of the world's foremost bond fund managers. Rydex SGI, based in Rockville, Maryland, is an asset management firm that manages over $17 billion in assets through more than 100 mutual funds and exchange traded products. Scarborough Advantage Investment Options For information on each of the funds click here. Click here for current fund performance or to download a fact sheet or prospectus. Fees and Expenses The Scarborough Advantage has no upfront sales charges and unlike most variable annuities there are no withdrawal charges (surrender charges.) This means that 100% of your money is invested and 100% of your account value is available to you at any time*. Here's how the Scarborough Advantage compares to other Variable Annuities.
Here's an example of how fees can impact your account.
Guaranteed Death Benefit Scarborough Advantage Variable Annuity provides participants with a guaranteed death benefit. This allows the proceeds of your account to be paid to your designated beneficiary upon your death.* If a spouse is your sole surviving beneficiary they may also choose to keep the account in force.* * Death benefit proceeds will be paid to a beneficiary upon receipt of proof of death; a surviving spouse beneficiary will be subject to certain limitations. Please see the prospectus for more information regarding the guaranteed death benefits. Scarborough Securities Corporation is an affiliated company of Scarborough Alliance Corporation and is a member firm of the Financial Industry Regulatory Authority (FINRA). The Scarborough Advantage variable annuity is issued by Security Benefit Life Insurance Company and is distributed by Security Distributors, Inc. Variable annuities are long-term investments suitable for retirement and involves risk and loss of principal. You should consider the investment objectives, charges and expenses, and risks of the Scarborough Advantage Variable Annuity carefully before investing. The prospectus contains this and other information about the Variable Annuity and its investment options. You should read the prospectus carefully before investing. Goldman Sachs VIT Capital Growth and/or CORE Small Cap Equity Funds: Goldman Sachs Asset Management, L.P. (GSAM) is part of the Investment Management Division (IMD) and an affiliate of Goldman, Sachs & Co. GSAM provides a wide range of discretionary investment advisory services, actively managed and quantitatively driven, for clients invested in U.S. and international equity portfolios, U.S. and global fixed-income portfolios, commodity and currency products and money market accounts. CORESM is a service mark of Goldman, Sachs & Co. Goldman Sachs has voluntarily limited the fees and expenses of the Capital Growth Series and the CORE Small Cap Equity Series. Absent such voluntary limit, performance figures would be lower for the Subaccount. An investment in a variable annuity involves risk, including loss of principal, and is not a deposit or obligation of, or guaranteed by any bank. Variable annuities are not federally insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other agency. For more information about the Scarborough Advantage Variable Annuity including charges and expenses, call 1-800-223-7608. The annuity (form GV6059) is issued by Security BenefitLife Insurance Company and is distributed by Security Distributors, Inc. Adobe Acrobat Reader is required to read these pdf files. Get free Adobe Acrobat Reader. Scarborough Securities Corporation is a member firm of the Financial Industry Regulatory Authority (FINRA). |
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