Lockheed eyes future with DC plan revamping
Lockheed eyes future with DC plan revamping Improved investment lineup, plan design and simplicity to help in 'war for talent' Paul Colonna urged a ‘less is more approach’ in streamlining Lockheed’s DC investment lineup. Although Lockheed Martin Corp.'s defined contribution plans are blessed with a strong participation rate and healthy participant investing, executives wanted improvements in the investment lineup and plan design to create simplicity, encourage retirees to keep their retirement assets in the company plans and make the company more attractive to prospective employees. "We...
Source: pionline.com