Mr. David added that while some investors may be well served by staying in the TSP plan, others may want to consolidate their retirement accounts in one place and gain access to a wider array of funds through an IRA. In a statement, Sen.

WSJ: IRA Rollover Ads Criticized by Senator

It would also be a great way to gain access to China Construction Bank's list of commercial banking customers, to which Bear could sell an array of banking, custody and other services, including underwriting stock offerings.

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