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 it would like to expand its array of lifetime income products this summer. “The income area and really the whole retirement income/lifetime retirement income realm story has yet to be played,” he said in an interview Monday. “We are working on several products in that area.”

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