Brighthouse Financial Separation Date Moved

May 5, 2017 by Cyril Tuohy

The spinoff of Brighthouse Financial, MetLife’s retail distribution arm, will take place sometime after the first half of the year, MetLife executives said.

MetLife had originally planned to complete the separation by June 30.

“Given the complexity of the transaction, we do not believe we have the necessary approvals to complete the separation in that timeframe,” said Steven A. Kandarian, chairman, president and CEO of MetLife.

Click HERE view the full story via INN; subscription required.

Originally Posted at InsuranceNewsNet on May 5, 2017 by Cyril Tuohy.