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Big Companies Outsource Retirement Funds | Durham News
Big companies are quietly outsourcing their employees’ retirement funds to elite Wall Street firms like Goldman Sachs, who now manage $70 billion for giants like Verizon and Lockheed Martin — including $30 billion in pensions and $40 billion in 401(k)s. With complex investments and rising employee expectations, corporations are turning to these firms for speed, expertise, and streamlined control, marking the next step in offloading financial complexity and focusing on core operations. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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