Metlife launches SIPP and TIP

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METLIFE, the global insurance and financial services provider, has launched a SIPP and Trustee Investment Plan (TIP) with other products including investment bonds to follow in 2007.

MetLife is also offering a guaranteed Secure Retirement Option for investors who opt for the TIP. This is aimed at those who do not want to take out an annuity at retirement or take the risks normally associated with income drawdown. It ensures pension investors will always receive back at least the amount they have invested and have the opportunity to lock-in gains over time. This guarantee is unique in the UK marketplace, according to MetLife. The MetLife SIPP provides access to a wide variety of investments including commercial property, equities and authorised unit trusts or OEIC...

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