Security Benefit, a provider of mutual funds, annuities, exchange traded funds, retirement plans and programs, has entered into agreement with Pershing, a BNY Mellon company, to make available the EliteDesigns variable annuity on Pershing's NetX360 platform.

This new relationship expands EliteDesigns’ distribution footprint and will enable thousands of advisors to consolidate and have access to real time contract data within their clients’ Pershing accounts and statements.

EliteDesigns innovative structure combines a tax-deferred variable annuity with 200 well-recognized investment options for Registered Investment Advisors (RIAs) and other fee-only advisors and their clients.

Leveraging the advantages of tax-deferral and protection with the power of a diverse investment platform, EliteDesigns is advisor-driven and structured to suit a variety of investment strategies that can meet an expansive array of risk and reward objectives.

From a relatively passive but well-diversified buy-and-hold investment program, to a progressive core and satellite model, to a highly sophisticated tactical strategy, EliteDesigns offers a broad range of asset classes and a portfolio of well-known asset managers.

Pershing director of investment solutions Sandy Motusesky said by adding EliteDesigns to our NetX360 platform, the firm ensures that advisors continue to have access to a wide variety of client-focused investment solutions.