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Products August 8, 2000
DIRECT-ED – Hancock To Offer Self-Directed Brokerage through DLJdirect
August 8, 2000 (PLANSPONSOR.com) - John Hancock
Retirement Services will offer self-directed brokerage
services to its 401(k) clients via an agreement with
DLJdirect, the online brokerage service of Donaldson, Lufkin
& Jenrette.
Reported by editors@plansponsor.com
Participants will be able to trade in stocks, mutual funds, and IPOs (for qualified investors). Participants will also have online and wireless account access, as well as real-time quotes and news.
John Hancock provides plan administration services to approximately 1,370 companies, with more than 155,000 participants.
– Nevin Adams editors@plansponsor.com