Bringing you live news and features since 2006 

Retirement

Morgan Stanley adds discretionary capabilities to DC retirement plan advisory services

RELATED TOPICS​

Morgan Stanley Wealth Management has expanded its defined contribution retirement plan advisory services offering to include a new discretionary investment programme.

The new programme enables Morgan Stanley’s corporate retirement directors and Graystone institutional consulting directors to assume certain fiduciary responsibilities assisting plan sponsors with complex investment selection and asset allocation decisions.
 
Morgan Stanley can assume responsibility for the discretionary selection and monitoring of investment options within a plan’s investment line-up. In addition, plan sponsors may choose to use Morgan Stanley’s strategic risk-based models or target date model portfolios to provide plan participants with important asset allocation tools.
 
The new target date models have been developed by Morgan Stanley Wealth Management’s global investment committee and feature three allocation solutions or “glide paths” that adjust the equity and fixed-income allocations as participants get closer to retirement.
 
Mike Wilson, chief investment officer, chair of the global investment committee and head of research for Morgan Stanley Wealth Management, says: “There’s a need to recognise that one size doesn’t fit all. Different plans have different circumstances, and that means a different complexion of risk for participants.”
 
Each of the three allocation options offer protection against different risks that participants are likely to face over time and during retirement. One option offers a greater hedge against longevity and shortfall risk, another option hedges against inflation risk and market risk and the third looks to strike a dynamic balance between inflation and longevity risks. These discretionary offerings help plan sponsors get the optimal value for the benefit dollars spent.
 
“As a leader in the corporate defined contribution marketplace, Morgan Stanley is committed to investing in the tools that innovate and expand our services. This is one of the many services that we are developing to help our clients achieve a successful retirement,” says Marc Brookman, head of Graystone Consulting and institutional consulting at Morgan Stanley.

Latest News

BlackRock s iShares an undisputed leader among European ETF issuers pushed further ahead in Q1 with EUR173 billion in trades..
European ETFs raised USD47 8 billion in Q1 a 15 per cent increase compared to the same period in 2023..
LSEG Lipper s March report finds that globally equity ETFs +EUR113 2 billion enjoyed the highest estimated net inflows for..
Morningstar has published a review of the European ETF market for the first quarter 2024 which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs share of the US ETF market rose to 8 5 per cent at...
Kristen Mierzwa, FTSE Russell
Index Investments Group IIG a division within index provider FTSE Russell has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023 with an introductory suite of 11 ETFs seven thematic and four fundamental...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by