View more on these topics

MetLife agrees 10-year contract with Capita


MetLife has agreed a 10-year service contract with Capita as it seeks to expand its presence in the UK retirement and investment market.

A spokesman say the deal, which is an extension on an initial agreement signed in 2007, demonstrates MetLife’s commitment to the UK market.

MetLife UK managing director Dominic Grinstead (pictured) says: “The UK retirement income market is set for a period of rapid expansion driven by product innovation and this contract gives us a strong platform for long-term growth.”

MetLife is developing a fixed-term annuity with an “equity element”, due to launch later this year. Earlier this year, the US-based firm agreed a distribution deal with fixed-term annuity specialist Living Time.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm