Putnam Investments plans to continue to aggressively expand its array of products even as market volatility has forced some competitors to retrench.

Robert L. Reynolds, the Boston-based company's president and chief executive officer, said he thinks there are a range of opportunities for Putnam to develop products for Boomers "as they age and the need for lifetime income solutions becomes more evident. We are trying to get there in a hurry with the right solution."

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