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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
October 13, 2004 at 08:00 PM
NU Online News Service, Oct. 13, 2004, 5:07 p.m. EDT
The retirement unit at MetLife Inc., New York, will be using a unit of Ibbotson Associates, Chicago, to help sponsors of small and midsize retirement plans choose investment options.[@@]
Ibbotson will share fiduciary responsibility with sponsors of 401(k) plans and other defined contribution plans who agree to pay extra for its services, MetLife says.
Ibbotson will start with a list of more than 100 investment selections that MetLife has put on its plan investment menu, then recommend a list of 5 core asset classes and 10 supplemental asset classes.
Ibbotson will try to ensure that client employers’ investment options are broad enough and diverse enough to allow plan members to build well-balanced portfolios, according to Ibbotson executives.
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