AI Longevity Impact Creates Opportunities in Retirement Market
Dow Jones
Sep 29
1302 ET - There are expansion and consolidation opportunities in the retirement income market as AI improves drug discovery and development and ultimately boosts life expectancy, Morgan Stanley analysts write in a note. "As individuals spend more years preparing for and living in retirement, we expect the retirement value chain to extend beyond accumulation toward solutions that combine investment management, sustainable income, longevity protection and advice," the analysts write. The current fragmented nature of the retirement income market creates room for innovation, partnerships, and consolidation as AI's impact on longevity becomes increasingly clear. They name BlackRock. Apollo, LPL Financial Holdings, and Raymond James as among the possible beneficiaries of this shift.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.