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-0.000358217509671954 -7.1643501934513E-05 -7.1643501934513E-05 0 -0.000429861011606264 -0.00257916606963758 -0.000501504513540573 0.00186273105029367
Stock impact report

MetLife (MET) Rolls Out Annuity Offering to Aid Retirees [Yahoo! Finance]

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Yahoo! Finance
immediate income annuity and offer it through the latter's newly launched retirement income solution, Guaranteed Income Direct. MET's shares gained 0.3% on Feb 28. The collaboration also involves middleware provider Micruity, which leverages a single point of service for hassle-free data sharing between insurers, asset managers, recordkeepers and related stakeholders. This, in turn, leads to the easing of administrative burden and an improved user experience of retirement income products. The new guaranteed income offering of MetLife, named the MetLife Guaranteed Income Program, enables defined contribution (“DC”) plan participants to buy an immediate income annuity from an insurer chosen by their plan sponsors or employers, in this case, and subsequently, annuitize any proportion of their savings. The funds, which will not be utilized for the annuity purchase, stay within the plan. The assurance of a guaranteed stream of income may prove to be a blessing for retirees, who can p Show less Read more
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