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State Street Global Advisors and the University of California Innovate on Retirement Income Strategy with Launch to Participants

State Street Global Advisors and the University of California Innovate on Retirement Income Strategy with Launch to Participants

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BOSTON–(BUSINESS WIRE)–State Street Global Advisors (State Street), the asset management business of State Street Corporation (NYSE: STT), in partnership with the University of California (UC), today announced that IncomeWise™, a deferred lifetime income solution, has launched within the University of California’s defined contribution (DC) plans that serve more than 300,000 participants and include over $34.6 billion in assets.1 IncomeWise™ is a next generation solution that blends the flexib

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