A huge transfer from Lockheed cemented its lead, says S&P, as pension shifting grows.
Tag: Lockheed Martin
Sporting good returns, Lockheed Martin’s investment chief prepped at State Street and General Electric.
Institutional investors mostly want to direct their non-market-correlated strategies themselves, but acceptance of these retail-oriented alternatives is inching up.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
The aerospace giant will transfer liabilities to the insurer, roughly 20,000 retirees and current workers.
Latest 8-K reveals $2.6 billion in LDI transactions.
Companies bolster pensions while taking advantage of lower tax rate.
Move means the company will have no required contributions until 2021.