FUTUREScholar, South Carolina's new 529 college savings plan, hired...

FUTUREScholar, South Carolina’s new 529 college savings plan, hired Bank of America as program manager. Final details about the investment options are being decided, but the program will have an open architecture, including funds from Banc of America and from other managers, said Joe Fazzino, Banc of America spokesman. The state is the plan administrator. The program opens to South Carolina residents March 1 and to investors nationwide later in the year.