NU Online News Service, June 9, 2004, 4:35 p.m. EDT – Fidelity Investments, Boston, has launched a campaign to expand its retiree financial services business.[@@]

Fidelity will be going after retirees and baby boomers who are approaching retirement by introducing Fidelity Advisor Retirement Income Services, a package of tools that broker-dealers and registered investment advisors can use to help clients with retirement income planning and asset allocation.

Fidelity also is introducing the Fidelity Retirement Income Advantage program, a package of investment education and retirement income planning services for older consumers. The package will include access to an Income Management Account system that will track the performance of clients’ non-Fidelity assets and income sources as well as their Fidelity assets.