MetLife and Alight today announced a strategic collaboration to bring MetLife’s institutional income annuities to the Alight Worklife platform, which serves nearly 12 million defined contribution (DC) plan participants.
“By providing MetLife’s innovative retirement income solutions directly from Alight Worklife, we’re helping employers offer their people a clearer, more informed path to retirement…”
Alight’s Rob Sturrus
The agreement means plan sponsors can now offer MetLife’s Guaranteed Income (MGI) fixed immediate annuity and Retirement Income Insurance (RII) QLAC, a fixed deferred income annuity. This integration enables participants to purchase these solutions and convert a portion of their savings into predictable monthly income.
“With so many workers feeling anxious about how to make their savings last in retirement, access to dependable income solutions is more important than ever,” said Graham Cox, Executive Vice President and head of Retirement & Income Solutions at MetLife. “By teaming up with Alight, we’re not only meeting that need, but we’re also simplifying the path to lifetime income and helping today’s workforce retire with greater confidence.”
Rob Sturrus, Chief Client Officer at Alight, said the collaboration with MetLife brings the power of retirement simplicity, education and security together for today’s workforce. “By providing MetLife’s innovative retirement income solutions directly from Alight Worklife, we’re helping employers offer their people a clearer, more informed path to retirement—one that makes their savings last a lifetime.”
The lifetime income focus of the Alight and MetLife collaboration also complements Alight’s recently announced new Defined Contribution wealth solution in collaboration with Goldman Sachs Asset Management, L.P. (GSAM) which considers lifetime income as part of a holistic retirement plan. In the Alight Financial Advisors (AFA) Defined Contribution solution, GSAM will serve as a sub-advisor, bringing its broad experience in the retirement space to help add meaningful long-term value to plan sponsors and their participants.
While plan sponsors are increasingly embracing retirement income solutions, many workers continue to seek guidance from their employers. According to Alight’s 2025 Employee Mindset Study, only 42% of employees feel confident about their financial situation, and 56% say they want help from their employer on financial health topics.
Through this strategic relationship, MetLife and Alight will provide a solution that simplifies and provides guidance around retirement income for both plan sponsors and participants:
- For plan sponsors: Streamlined administration, tools to reintroduce annuities into defined contribution plans, and educational resources to help participants understand their retirement income options.
- For participants: Intuitive digital tools, clear educational content, and easy-to-use options to convert savings into lifetime income—all delivered through Alight’s participant experience platform, Alight Worklife.
MetLife’s 2025 Enduring Retirement Model Study finds 93% of plan sponsors recognize the need for guaranteed income that participants can rely on throughout retirement, and nearly two-thirds of companies currently or plan to offer guaranteed retirement income solutions within five years.
In addition, more than two thirds of workers, 69%, say having guaranteed sources of retirement income would help them enjoy a comfortable retirement. A press release announcing the deal said these findings reflect a growing urgency among companies to support employees through the decumulation phase of retirement, transforming savings into sustainable income.
SEE ALSO:
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• Prudential, LPL Expand Partnership to Offer Lifetime Income Strategies
• Webinar – Redefining Retirement Success: Case Studies on Guaranteed Lifetime Income