Responding to Government Changes in Chile
Our pension fund administrator company ProVida offers advice on how to plan a financially healthy retirement to many low- and moderate-income segments of the Chilean population. The administrator provides financial inclusion programs aimed at women, giving them tools to contribute to their pensions and grow at work.
In an effort to soften the economic fallout of the pandemic, the Chilean government authorized emergency pension fund withdrawals of 10% on three occasions. Regulatory changes also allowed retirees to gain access to anticipated payments from their annuities. Pension Fund Administrators were given a short time frame to comply and respond to strong customer demand. Nonetheless, we fulfilled our obligations and helped provide financial security to many Chileans in a time of need.
Purpose-led Sales Challenge in EMEA
In EMEA, MetLife launched the “League of Protection Superheroes,” a purpose-led challenge in which teams from each of our EMEA markets presented their initiatives pertaining to sustainability, corporate social responsibility, DEI and wellness to a panel of judges composed of MetLife executives. Every two months, for 10 months, markets competed head-to-head as the judges scored their presentations and initiatives based on creativity, impact and strategic alignment.