BPAS ‘Solutions Squad’ to Help on Technical Matters
It can also provide resources to help in working with legal counsel, accounting firms and regulators.
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BPAS has created a special solutions-focused consulting team that will serve as a technical resource to plan sponsors and the retirement plan industry.
The BPAS “Solutions Squad” consists of experts in defined contribution (DC), defined benefit (DB) and health and welfare plans, as well as third-party administrator (TPA) services.
“With the flurry of mergers and acquisitions [M&As] in recent years, business models are changing,” says Paul Neveu, chief executive officer of BPAS. “While there’s considerable technical depth within the industry, some providers are narrowing the services their in-house compliance teams provide causing gap situations that need to be solved at the client level. We saw how it was adding burdens to plan sponsors and knew we had the resources to help. We understand the sensiti