MetLife (MET) Rolls Out Annuity Offering to Aid Retirees
METMetLife(MET) Zacks Investment Research·2024-03-01 02:31

MetLife, Inc. (MET) recently teamed up with the renowned Massachusetts-based financial services provider, Fidelity Investments, to devise a fixed 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 stakeholde ...