Known as Investment Portfolio Architect, the new product has been developed with a flexible design and streamlined approach to accommodate both investors who wish to build their own portfolios and those who seek asset allocation guidance.
MetLife retail retirement and wealth solutions executive vice-president Elizabeth Forget said: "At MetLife, we are committed to providing solutions to clients and financial professionals focused on accumulating wealth in a simple and efficient manner.
"The goal of MetLife Investment Portfolio Architect is to provide a flexible framework with well-curated investment choices, including access to the additional diversification alternative investments can offer, coupled with all the benefits of a variable annuity."
Leveraging the new annuity plan, investors can diversify their portfolios and manage portfolio risk through the addition of alternative investments.
Additionally, the Investment Portfolio Architect offers a flexible investment framework including 80 traditional and alternative investment options and 14 blueprint models, which have been designed by MetLife Advisers and Wilshire Associates.

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