Morgan Stanley and Fidelity Investments Institutional Services will launch Morgan Stanley Retirement Connection, a defined contribution plan program for plans with more than $5 million in assets. The program will be available through Morgan Stanleys 13,500 financial advisers beginning early next year.
Fidelity is providing record keeping as well as its Advisor Fund family. Morgan Stanley also will provide investment management services through its Morgan Stanley and Van Kampen fund families, as well as sales, marketing and employee education services. The plan also will offer a self-directed brokerage option and online access.