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Reynolds wants lifetime-income products policed

Bob Reynolds, chief executive of Putnam Investments, last week called for the establishment of a regulatory body to approve lifetime-income products

Bob Reynolds, chief executive of Putnam Investments, last week called for the establishment of a regulatory body to approve lifetime-income products.

The lifetime-income security agency would be empowered to vet the full range of income solutions and administer an industry-funded insurance

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