WAYNE, Pa. — There is further proof that the retirement income and asset management market can provide strong income streams for credit unions.
According to "The Retirement Income Market Landscape," a research report compiled by Diversified Services Group's Network's Retirement Practice, credit unions are "well positioned" to fill members' needs here by offering services based on life stages, wealth and income status. Depending on the offerings, a board solutions approach might be better than a piecemeal approach and education opportunities can be among the catalysts to position credit unions to meet their member's needs, according to the data.
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