Boulder, COLORADO, April 21, 2026 (GLOBE NEWSWIRE) -- The U.S. Securities and Exchange Commission (SEC) has granted Exemptive Relief to Savvly, Inc., a financial technology company focused on longevity-based investment solutions, enabling a new product category designed to address the financial challenges of longer lifespans. Savvly Logo Bridging the Retirement Gap Current retirement systems are under increasing strain as life expectancies rise. Recent estimates point to a more than $4 trillion shortfall in retirement readiness for American households, with nearly two out of three Americans at risk of outliving their savings, even as retirement now spans 25 to 30 years (cf. Employee Benefit Research Institute). Savvly addresses this gap through a capital market approach designed to complement existing 401(k) and IRA structures and strengthen financial protection for longer lifespans. "For decades, longer lives were treated as a financial liability. We've built the financial infrastructure where they become an advantage," said Dario Fusato, Co-founder and CEO of Savvly. "The immediate interest from asset managers, insurers, benefit brokers, and advisory firms has been incredibly validating. Savvly has built a novel financial infrastructure for the longevity era, and we are eager to deploy these solutions alongside our partners." Product Structure The model is implemented through Longevity Benefits, which delivers structured lump-sum payouts at defined later-life ages—such as 80, 85, 90, and 95—funded through pooled capital deployed in capital markets. The structure is designed to provide additional financial support as traditional retirement savings ... Full story available on Benzinga.com
Savvly Granted Groundbreaking SEC Exemptive Relief to Launch Category-Defining Longevity-Linked Investments
