The insurance powerhouse Aetna Inc. obtained approval from the Office of Thrift Supervision to operate a national trust company for self-directed retirement plans.

The federal savings bank, Aetna Trust Co., is authorized to provide trustee, custody, and record keeping services to 401(k) retirement plans and individual retirement accounts. Hartford, Conn.-based Aetna separately operates a state-chartered trust company, Aeltus Trust Co., which serves retirement plans for institutional clients.

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