Monday, November 16, 2009
Fidelity teams up with MetLife for annuity sales
* Follows fears of unstable stock portfolios
* Fidelity had suspended sales of own annuity in March
* MetLife bucks trend of falling variable annuity sales
Fidelity Investments and MetLife (MET.N) said on Monday they will team up to sell variable annuities, a notable joint venture at a time when the funds industry and insurers are looking to capitalize on jitters about the stability of retirement savings...
Reuters: Fidelity teams up with MetLife for annuity sales
* Fidelity had suspended sales of own annuity in March
* MetLife bucks trend of falling variable annuity sales
Fidelity Investments and MetLife (MET.N) said on Monday they will team up to sell variable annuities, a notable joint venture at a time when the funds industry and insurers are looking to capitalize on jitters about the stability of retirement savings...
Reuters: Fidelity teams up with MetLife for annuity sales