MetLife makes changes to TIP product

MetLife Europe has added a guaranteed death benefit to its Trustee Investment Plan (TIP), and has red...

MetLife Europe has added a guaranteed death benefit to its Trustee Investment Plan (TIP), and has reduced charges for new and existing customers. The guaranteed death benefit will apply to everyone opting for the TIP with a Secure Retirement Option, which means clients receive back at least the amount they invested, regardless of market performance, with the ability to lock in investment gains over time. MetLife has also lowered the annual management charges on its Secure Retirement Portfolios by up to 0.2% per year, with various reductions applying to the Balanced Managed, Cautious Manage...