Disabled American Veterans, Cold Springs, Ky., hired Fifth Third Bank...

Disabled American Veterans, Cold Springs, Ky., hired Fifth Third Bank to replace PaineWebber as sole manager for its $85 million defined benefit plan, said Richard Patterson, executive director. Fifth Third will run a balanced account; PaineWebber was replaced because of fee and performance issues, said Mr. Patterson. Allen Konkin, spokesman for PaineWebber, didn’t return phone calls by press time. PaineWebber will continue as administrator for the organization’s $20 million 401(k) plan.