Metropolitan Life Insurance's defined contribution plan group has begun to offer funds from external managers within its 401(k) program. The funds, along with a new self-directed brokerage option through a partnership with State Street Brokerage Services, will be offered through MetSelect Alliance. Fund families available include: Founders Funds; Janus Capital; Neuberger & Berman; Scudder, Stevens & Clark; Twentieth Century; and Warburg, Pincus.
More mutual funds will be available to MetLife clients through broker/dealers of The New England Investment Co., a MetLife affiliate.