Business
Exclusive | BlackRock Plans to Make the Corporate 401(k) Look More Like a Pension
BlackRock BLK 1.97%increase; up pointing triangle will offer American workers a chance to invest more like a multibillion-dollar pension.
The world’s largest investment firm by assets under management said it would work with corporate clients to build customizable funds for 401(k) plans that can include slices of public stocks and bonds, private assets and even annuities that provide guaranteed income in retirement.
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