Principal® and Lockton Increase Businesses Access to Sophisticated Retirement Options as Clients Rapidly Join New Pooled Employer Plan
DES MOINES, Iowa--(BUSINESS WIRE)--Within the first several months of the Principal Financial Group® and Lockton Investment Advisors, LLC launch of a new pooled employer plan (PEP), dozens of employers with plans ranging from $10M to more than $300M in assets under management have adopted the plan or are looking to do so. This interest in a PEP from mid-to-large employers indicates the potential of more widespread uptake of these plans in addition to use by small businesses. These adopting busi
Principal® and Lockton Increase Businesses Access to Sophisticated Retirement Options as Clients Rapidly Join New Pooled Employer Plan
DES MOINES, Iowa--(BUSINESS WIRE)--Within the first several months of the Principal Financial Group® and Lockton Investment Advisors, LLC launch of a new pooled employer plan (PEP), dozens of employers with plans ranging from $10M to more than $300M in assets under management have adopted the plan or are looking to do so. This interest in a PEP from mid-to-large employers indicates the potential of more widespread uptake of these plans in addition to use by small businesses. These adopting busi