The Goldman Sachs Group Inc. is planning to change its retirement incentive rules next year.
New York-based Goldman will raise the age at which employees may receive a retirement payout from 55 to 60.
This will bring the firm more into conformity with its peers, according to a company spokeswoman.
The change comes as analysts are predicting that the firm will book the first quarterly loss in its nine-year history as a public company when Goldmans fourth-quarter earnings are reported Dec. 16.
The full story is available at the Investment News web-site.
D.C.