Hoping to help address the gap between what pre-retirees have saved and what they will need to fund their retirement, BNY Mellon has launched what it's calling its Retirement and Strategic Solutions group.
In a statement, BNY Mellon said it is looking to add "non-traditional investment solutions" to its array of retirement service offerings.
"This unit is dedicated to meeting current retirement needs, anticipating next-generation needs and developing customized, comprehensive and transformational investment solutions for it clients," the company said the statement.
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