On Wednesday, September 12, Paul Neveu, President of BPAS Plan Administration & Recordkeeping Services, will be a featured speaker at the FIS Trust Users Group annual conference in Tucson, Arizona.
Neveu will present “Trustees in the Retirement Plan Business – Considerations in 2018.” During this hour-long session, Neveu will discuss key considerations for trustees in the retirement plan business, including market positioning, value propositions, fiduciary status and roles, service delivery models, and growth. He will share insights and best practices BPAS has learned from partnering with 90 bank trustees across the U.S. to help grow their retirement plan business. Read more here.
BPAS announced In August, Ken Prell, Vice President and Chief Learning Officer of BPAS Actuarial & Pension Services (APS), relocated to Cincinnati, Ohio. By establishing a BPAS presence in Cincinnati, Ken is well positioned to expand the BPAS brand in the Ohio Valley area. Working closely with all BPAS lines of service and with financial partners, Ken will target new opportunities to deliver premier consulting and administrative services to clients in the region.
To read the full news release, please click here.
BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services, announced today that Hannie Spitzack has joined the firm as its Health Savings Account (HSA) Sales Specialist.
Hannie will work with BPAS partners to expand its Roadways HSA product across the national market. With single sign on, an open architecture investment platform that mirrors the plan sponsors’ DC plan offerings, combined statements, and integrated online and onsite participant education, the BPAS Roadways HSA serves participant spenders and investors alike. There are no requirements for low‐yielding money market or bank deposit balances. Participants can invest first dollar and choose from an array of investments selected by the advisor, and they have debit card access to their account.
View the full news release here.
Utica, NY—July 6, 2018. BPAS, a leading national provider of DB, DC, HRA, and HSA plan administration, transfer agency, and collective investment fund and fiduciary services, has named Greg Woods, CIMA® as its Senior Vice President of BPAS Fiduciary Services.
With more than 20 years of experience in the investment and financial services industry, Woods replaces Rick Shultz, who retired from BPAS at the end of June. Since joining BPAS in 2011, Woods has helped lead to the rapid growth of the division as Vice President, providing an array of fiduciary and investment services to assist financial intermediaries and plan sponsors. In his new role, he will oversee the BPAS Fiduciary Services division, including fund evaluation, portfolio management and business development. Click here to view the full news release.
BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services, has been honored by WEX Health with a 2017 Partner Excellence Award for Innovator, at the annual WEX Health Partner Conference held recently in Scottsdale, Arizona.
BPAS was selected for this award because of its pacesetter efforts in creatively addressing needs in the consumer-driven healthcare market. David Ritchie, VP of Sales, BPAS VEBA & HRA/HSA Services; Corree Riley, Sales Relationship Manager, BPAS VEBA & HRA/HSA Services; and Renee House, Manager, BPAS VEBA & HRA/HSA Services accepted the award on behalf of BPAS.
View the full news release here.
Utica, NY (April 30, 2018) — BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services, is pleased to announce the addition of Nathan Charleson as an External Wholesaler located in the west coast region.
“We are thrilled to have Nate join BPAS as we expand our presence on the west coast,” said Paul Neveu, President of DC Services at BPAS (BPAS Plan Administration & Recordkeeping Services). “While BPAS has clients in all 50 states and the Commonwealth of Puerto Rico, we see the west coast as a future growth area. Nate is already well established in the California Advisor community. His knowledge and reputation, coupled with the unique value proposition and capabilities of BPAS, make for a winning combination.”
View the full news release here.
San Juan, PR—April 9, 2018. Benefit Plans Administrative Services, Inc. (BPAS) announced today that it has acquired the business of HR Consultants (SA), LLC, in Puerto Rico. Both Adrian Robles and Hector D. Gaitan, FCA, ASA, MAAA, EA, of HR Consultants have already joined the staff of BPAS under an interim arrangement.
To view the full press release, click here.
Effective 04/27/18, the Fidelity Strategic Income Fund will be closing and merged into a new retail share class of Fidelity Advisor (FA) Strategic Income Fund on or about April 27, 2018. The new retail class launches on the same date as the merger. The merger will permit shareholders in Fidelity Strategic Income Fund to pursue the same investment goals in a larger combined fund that has the same investment objective, policies and benchmark. The fund numbers, CUSIPs, trading symbols, and Tax ID number associated your position in Fidelity Strategic Income Fund will change after the merger. No trades will be allowed into the closing fund after Thursday, April 26th. Note that any trades placed into the closing fund after 4/24 will be rejected and need to be placed manually outside NSCC. More information.
Effective, April 2, 2018, T. Rowe Price International Discovery Fund (PRIDX) and T. Rowe Price International Discovery Fund—I class (TIDDX) will be closed to new investors. This decision does not affect participants in plans that currently offer the Fund. Participants who already have an account in this Fund may continue to buy additional shares, and those who do not may establish new accounts through the plan. More information.
