Products March 10, 2008

Sun Life Expands Portfolio Capabilities

Sun Life has added three diversified fund family portfolios to further boost adviser choice when determining the best option for clients.
Reported by
The newest offerings include:
  • Franklin Templeton VIP Founding Funds Allocation
  • AllianceBernstein VPS Balanced Wealth Strategy Portfolio and
  • Van Kampen UIF Equity & Income Portfolio.
With these additions, Sun Life now offers a total of nine fund family portfolios, according to a press release. Like the 90/10 Master Model, these fund family portfolios are available with all of the Masters variable annuities and all optional living benefits, including Income ON Demand.
For advisers who wish to customize their clients’ portfolios, Sun Life (U.S.) now offers additional fund selections. According to a press release, advisers can choose from 56 investment options across 15 leading fund families to help them diversify their clients’ assets. This allocation strategy now includes options from four new fund managers:
  • AllianceBernstein,
  • Goldman Sachs,
  • Lazard and
  • Wellington Management
With the addition of these money managers, advisers can now choose from a wider array of asset classes, investments styles, and market capitalizations when customizing their clients’ portfolios, according to Sun Life.
Deals & People March 10, 2008

MetLife Investors Hires New Leader for Wirehouse Channel

John C. Kennedy has joined MetLife Investors Distribution Company to lead the company’s wirehouse channel.
Reported by

He will be focusing on annuity sales, the company said. Kennedy, who will report to Paul A. Sylvester, National Sales Manager, Annuities and Long Term Care, comes to MetLife Investors from AXA Distributors, where he was most recently senior vice president and national sales manager. In that role, Kennedy was responsible for sales and management for the broker/dealer channel.

Prior to joining AXA in 2004, Kennedy, who has more than 15 years experience in the financial services industry, was regional vice president for the New England division at AIM Distributors, Inc, responsible for all mutual fund and variable annuity sales.

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MetLife Investors is an affiliate of MetLife, Inc. MetLife Investors distributes individual life insurance, annuity and long-term care insurance products and services through third-party intermediaries, including wirehouses, independent planners, broker/dealers, and banks.

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