Four years after it first introduced self-directed brokerage options for retirement plan participants, Principal Financial Group is getting ready to make the service available to many more customers and much smaller plans.

Christopher J. Bowman, a vice president in Principal’s retirement services group, said the Des Moines company’s revamped self-directed brokerage account, which will roll out in April, will now be available to Principal-sponsored plans with $1 million or more of assets. Until now, it was only available to plans with $10 million or more.

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