This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+Cover+small+181214
Categories:Pensions

MetLife in guarantee link-up with BlackRock

  • Print
  • Comment

P47 Dominic Grinstead

Grinstead: ’Manage downturns’

MetLife UK is linking with BlackRock to launch a range of unit linked guarantee retirement products that will allow customers to manage investments according to their market volatility preferences.

The managed wealth portfolio fund range, which will be unveiled on February 13, builds on the provider’s existing unit-linked guarantee products.

There will be three new funds which will allow investors to gain exposure to the stock-market according to their market volatility preferences. All the funds are supported by a guarantee from the provider that the customer’s initial premium will not fall.

MetLife UK chief executive Dominic Grinstead (pictured) says the firm’s continued focus on guaranteed products follows extensive research of customers’ and IFAs’ attitudes to risk. He says: “These products allow investors to manage market downturns more effectively.”

MetLife refused to disclose the charging structure at this stage.

Bestinvest senior investment adviser Adrian Lowcock says: “The investment industry as a whole is coming to terms with managing volatility. It seems sensible for MetLife to try to reflect that although the dem-and for the products from customers and IFAs will depend on the charges they levy.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

AXA Wealth


Fund Data

Editor's Pick



Poll

Will providers be forced to pay out compensation over annuity misselling?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments