The Great Asset Heist: Why Goldman Sachs is Winning Big in Retirement Management The recent announcement that Goldman Sachs has secured deals to manage a combined $70 billion in retirement assets for Verizon and Lockheed Martin should not come as a surprise.
Familiarity with the evolving landscape of corporate investing reveals a trend where America's largest employers outsource responsibility for managing their employees' retirement savings.
This shift reflects a growing acknowledgment that effective retirement planning demands specialized knowledge and resources.