Linked Growth Inflation Annuity
Description of the Fund
An industry first, the Linked Growth Inflation Linked Annuity (LGILA) provides a regular pension guaranteed for life with future increases equal to inflation. This increase guarantee is for life and not limited to 20 or 30 years, as is the case with some of our competitors.
The inflation index tracked is the Consumer Price Index (CPI). If inflation is negative, the pension remains static and will not reduce.
Metropolitan carries the investment and mortality risk.
Fund Objective
The key objective of the LGILA is to provide a minimum guaranteed pension for life, while protecting pensioners against the risk of inflation eroding the purchasing power of their pensions.
