Manulife Financial added the Manulife Brokerage Account, which allows participants of small 401(k) plans to invest in stocks, bonds, mutual funds and U.S. government obligations, said Wendy Wissler Smith, head of communications for Manulife. Unlike similar services currently available, the Manulife brokerage account lets participants choose their own brokers, Ms. Wissler Smith said.
CNA Trust is the custodian.