Beacon Advisor: A Clear & Simple Choice
Planning for retirement and selecting an annuity product do not always have to be complex. Beacon Advisor is unique
because the cost structure and design are simple. As an annuity, Beacon Advisor is a long-term investment. As a security,
Beacon Advisor provides opportunity for growth, but also risk of loss, including principal.
- Optional Guarantees Providing Down-Side Protection. Choose a basic or enhanced guaranteed minimum death
benefit as well as a guaranteed minimum withdrawal benefit. The option is yours.*
- Guaranteed Income. Select annuity income options with minimum payments guaranteed, including guaranteed
investment income you will not outlive.*
- Low Cost. One of the lowest cost structures of any variable annuity on the market.
- No Commissions.
- No Surrender Charges. The absence of surrender charges gives you flexibility to withdraw money when needed.**
- Asset Allocation. Three asset allocation portfolios advised by affiliate Old Mutual Capital, Fund Advisor, as well as
five asset allocation models designed by Standard & Poor’s Investment Advisory Services LLC (SPIAS).
SIMPLE Design & Diversified Investment Choices
- Choose from over 70 diversified investment options covering a range of investment risk including
Rydex Funds, a leader in the development of specialized and alternative investment products and
solutions for today's modern markets. Other options are from respected fund
families and are listed in the Investment Choices section.
Beacon Advisor offers innovative options to help create a secure future for you and your loved ones.
Accumulating Guaranteed Minimum Withdrawal Benefit (GMWB)
(Issue age 55-75)
- May be added at any time, for an additional charge, and may start immediately.
- Owner can receive an annual lifetime income benefit (single life or joint life last survivor, depending
upon election) equal to the Withdrawal Limit. The Withdrawal Limit is initially set equal to 5% of the
Benefit Base (total account value as of the effective date of the rider). The income continues even if
the contract value goes to zero.
- The Guaranteed Minimum Withdrawal Benefit provides a cumulative benefit. Any unused portion of
the annual guaranteed withdrawal benefit may be withdrawn at a later time.
- Step-up Feature: On each contract anniversary, the Benefit Base is reset to equal the greater of
(a) the total account value on the anniversary, or (b) the Benefit Base immediately prior to the
anniversary. The Withdrawal Limit is then reset to equal 5% of the new Benefit Base.
- Spousal option available.
- Allocation options are restricted for this benefit.
Guaranteed Minimum Death Benefit (GMDB)
(No issue age limit)
- Available at issue only, for an additional charge
- May be removed at any time
- Greater of (1) account value or (2) premiums paid less proportionate adjustment
for withdrawals (in proportion to account value at time of withdrawal)
- Payable upon first death of any owner, upon receipt of due proof of death
Enhanced Guaranteed Minimum Death Benefit (GMDB-E)
(No issue age limit)
- Available at issue only, for an additional charge
- Roll-Up Amount – Increases the Guaranteed Minimum Death Benefit by 5% annually, compounded up
to a 200% limit, until the first contract anniversary where the oldest owner is age 80
- Allocation options are restricted for this benefit.
Partial Withdrawals
The owner may choose from which investment option(s) each withdrawal is taken. If the owner does not
make an election, withdrawals will be prorated across all subaccounts.
Minimum partial withdrawal amount: $100
Minimum remaining surrender value: $2,000
Systematic Withdrawals
- Systematic withdrawals are offered monthly, quarterly, semi-annually or annually
- Systematic withdrawals count as one partial withdrawal
- Systematic withdrawals of interest will only be allowed on the monthly anniversary of the contract date
- Systematic withdrawals of set fixed amounts may begin between the contract's monthly anniversary dates
- Only one type of systematic withdrawal option is permitted at a time
* Guarantees are based upon the claims paying ability of Old Mutual and do not apply to the investment performance of the underlying portfolios available through Beacon Advisor.
** Withdrawals may be taxable and, when made prior to age 59½, may result in tax penalties. Withdrawals reduce available guaranteed benefits.
Optional provisions and riders may have limitations, restrictions and additional charges.
Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment loss.
Before investing, carefully consider the investment objectives, risks, fees, and charges. This and other important information about the policy and investment options are contained in the prospectus, which may be obtained from your financial professional or at www.omfn.com. Read the prospectus carefully and consider these factors before investing.
Beacon Advisor flexible contribution variable annuity contract is offered on a group or individual basis as determined by state availability. Group Certificate OM FCDVA BA -C2007 and Individual Form OM FCDVA BA 2007, et al. Optional provisions and riders have limitations, restrictions and additional charges except where noted, and are subject to state availability. For the exact terms and conditions, refer to the contract.
