ASPPA Releases Findings of TPA Owners Survey

| December 2, 2010 | 0 Comments

ARLINGTON, Va, (December 2, 2010) – The American Society of Pension Professionals & Actuaries (ASPPA) today announced the findings of their comprehensive survey of Third Party Administrators (TPA) Owners conducted by Brightwork Partners, LLC—a leading research-based consultancy firm.

“The findings represent the first comprehensive profile of the industry ever conducted on behalf of an association,” said Brian H. Graff, CEO and executive director of ASPPA. “We expect TPA owners will find the results helpful as they compare their firm to the overall industry, as well as with firms similar to their own.”

In October ASPPA announced initial findings of the survey to its members at the ASPPA Annual Conference—but today released an executive summary and slide deck that offers expanding information on the 150 firms who answered questions ranging from key industry trends to best practices to concerns about industry issues.

For a copy of the executive summary, contact ASPPA’s Director of Media Relations at [email protected].

Full results of the survey available for purchase here

More information:

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About ASPPA: The American Society of Pension Professionals & Actuaries (ASPPA) is a national organization of more than 7,000 retirement plan and benefits professionals that serves as the educator, voice, and advocate for the employer-based retirement system. ASPPA members are administrators, actuaries, advisors, attorneys, accountants, and other financial services professionals who provide consulting and administrative services for qualified retirement plans.

About Brightwork Partners LLC: We are a research-based consultancy focusing on product, service and distribution issues in retail and institutional financial services. Best known for our work among advisors, we support clients who distribute retail investment and retirement services products through non-proprietary advisor channels. Our research is based on work among business owners; high net worth individuals; retail advisors; participants and former participants in qualified plans; plan sponsors; advisors who sell retirement services; and TPAs who administer retirement plans. Our clients include most of the leading mutual fund companies, insurance companies and broker/dealers active in these product areas. Brightwork Partners LLC was founded in 1999 and is in Stamford, Connecticut.

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