Fidelity Launches Investment Research Institute

Fidelity Investments announced the launch of the Fidelity Research Institute Wednesday. Drawing upon the talents of Fidelity's own investment professionals, the group will work with academics, policy-makers and other financial service providers to help educate the public, the media and the government on investing issues ranging from retirement to health care to insurance to real estate to college savings.

The institute's first report, which it also unveiled yesterday, addresses what retirees can do to ensure they will have adequate income throughout retirement. It explores whether it is prudent to delay retirement for a number of years, at what rate they should withdraw assets and whether that changes as they age, and which funds they should draw down first to maximize after-tax income.

Vanguard and Charles Schwab already run investing institutes.