Unit-linked guarantees are set to expand rapidly in the pensions market, according to MetLife.
Ed Gardner, chief executive officer at MetLife – which is set to launch a personal pension that offers both capital and income guarantees – has spoken of the need for products to meet the uncertainty that clients and advisers face in the current market. “The risks from rising inflation, stock market volatility and the need to plan for potentially up to 30 years of retirement demonstrate the need for new solutions. "We believe the new retirement portfolio delivers on all fronts and makes unit-linked guarantees a major part of mainstream retirement planning,” he says. MetLife’s new retir...
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