Securities Benefit Group, a Topeka, Kan.-based financial services firm, is offering a new no-load, lump-sum variable annuity.

Variflex LS has been developed for long-term investors with a minimum initial lump-sum investment of $25,000. A investor has the advantage of putting the entire amount to work immediately. Subsequent investments of at least $1,000 are also made on a no-load, tax-deferred basis.

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