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Natixis Launches Retirement Spending Account

Natixis Global Asset Management has launched its retirement spending account, which initially invests retirees’ assets conservatively and then gradually makes the portfolios more aggressive. So reports Bloomberg.

After 15 years, half of an investor’s assets will be in equities, which is designed to help ensure that assets will last for a retiree’s entire life.

Read the full article from Bloomberg.

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