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Deals & People February 27, 2008
Lockton Tacks on Plan Consulting Services
Chicago-based insurance broker Lockton Companies is expanding the capabilities of its Chicago office to include retirement plan consulting services for corporate and not-for-profit organizations.
Reported by Fred Schneyer
Lockton said the Retirement Services practice will provide consulting services, including Investment Policy Statement drafting and maintenance, vendor search and evaluation, fee benchmarking and negotiation, plan design consulting, employee communications consulting, and mergers and acquisition due diligence.
Doug Morris recently joined the brokerage to head the new unit as Vice President, Retirement Services, according to the announcement. Morris has 20 years of experience providing retirement and employee benefits planning. Immediately prior to joining Lockton, he was Vice President of Sales for the Chicago office of Diversified Investment Advisors.
Lockton provides insurance, benefits, surety, and risk management services. More information is at www.lockton.com.