EVANSTON, Il., Dec. 5, 2008 (GLOBE NEWSWIRE) -- Beacon Research announced today that it has added profiles of Symetra's fixed annuity products to its AnnuityNexus database. The database features carrier-approved, institutional quality product profiles unique in their accuracy, comprehensiveness and timeliness. Symetra joins the growing group of AnnuityNexus data partners.
"Through Beacon's web-based systems, Symetra can provide product and rate information for publication on the websites maintained by banks, broker-dealers, and other distributors for their sales representatives," said Jeremy Alexander, president and CEO of Beacon Research. "This information also will be available for consideration when distributors use our systems to shop for product-line extensions."
"Symetra's products are important to many of the distributors we serve," said Stephanie Brandt, Beacon's director of research. "We've worked closely with them to assure the accuracy and completeness of their product information and we're delighted to welcome Symetra as our newest data partner."
About Beacon Research
Founded in 1997, Beacon is an independent research organization and application service provider, supplying fixed annuity product information with search and reporting tools to banks, TPMs, insurance companies and other subscribers to its web-based systems at www.annuitynexus.com. Beacon also licenses information and software tools to other platforms, including websites for sales representatives and EbixExchange's AnnuityNet transaction platform. Beacon's fixed annuity credited rate benchmark series -- the industry's first -- is available through Ibbotson Associates. Directly and through strategic alliances, Beacon information can be accessed by hundreds of financial institutions and distributors.
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