BPAS releases Spanish financial wellness program

BPAS, working in partnership with Financial Finesse, has released a Spanish version of its financial wellness program.  Our expanded education program has been extremely well-received by our adviser partners, plan sponsors, and participants.  This release allows us to serve a broader base of customers, particularly in the Puerto Rico marketplace. Be sure to also check out the recently released Spanish version of BPAS.com at bpas.com/es/.  For more details about the Financial Wellness program please contact [email protected].

BPAS, que trabaja en asociación con Financial Finesse, ha lanzado una versión en español del programa de bienestar Financial Finesse. Nuestro programa de educación ampliado ha sido extremadamente bien recibido por nuestros socios asesores, patrocinadores del plan y participantes del plan. Esta versión nos permite servir a una base más amplia de clientes, particularmente en el mercado de Puerto Rico. Asegúrese también de comprobar la versión recientemente publicada de BPAS.com en español en  bpas.com/es/. Para más detalles sobre el programa de bienestar Financial Finesse comunícate con [email protected].

Eagle Family of Funds

The Eagle Family of Funds has acquired Scout Investment Funds. Effective Monday, November 6, 2017, Eagle will be known as Carillon Family of Funds and US Bancorp will assume transfer agent responsibilities of the former Scout Funds.  More information.

Federated

Pending shareholder approval, at the close of business on November 17, 2017, Federated MDT Large Cap Value Fund, will be re-domiciled, creating a new fund.  The Fund name, NASDAQ symbols and Tax Identification Number will remain the same.  The Fund numbers and CUSIP numbers will change.  More information.

PGIM Investments

Effective 6/1/18 the Prudential A, C, R and Z shares are closing to new investors, including group retirement plans. Prudential will be launching R2 and R4 shares of some funds. No changes will be made to Q shares. More information will be provided in December. No action is required at this time.  More information.

Donna Kramer Joins BPAS

BPAS anounced today that Donna Kramer has joined the firm as an External Wholesaler located in the New York City area. Donna’s focus will be on marketing the firm’s DB and DC administrative services in partnership with Advisors, Corporate Trustees and other financial intermediaries in the greater New York City (NYC) region.

Donna brings a wealth of industry experience to BPAS. She spent the last 25 years at an advisory firm in the NYC metro area. Read more.

BPAS Hires Midwest Wholesaler

BPAS, a leading national provider of retirement plan and fund administration, transfer agency, collective investment fund, and other institutional trust services, announced today that Mike Hahn has joined the firm as an External Wholesaler located in the Midwest. Hahn’s focus will be on developing the Midwest market in partnership with financial intermediaries and advisors.

Hahn brings to BPAS a wealth of industry experience having served in Business Development at Security National Bank and in Sales at Billings and Company in both Iowa and Illinois. “I am excited to join the BPAS team,” said Hahn. “I look forward to working with the team to further develop the Midwest region. I am very fortunate to be joining such a widely regarded, respected company.”

Read more

Financial Organization

When I first started driving, I didn’t have a GPS to help guide me. Instead, I had my dad. When I would get lost (which was way more than I’d like to admit), I called home. The first thing dad would ask me is “where are you right now?” Because he couldn’t guide me to the final route if he didn’t know my current location.

Our financial road tends to follow a similar path – It’s hard to know where you’re going if you don’t know where you’re currently at. With that in mind, we created a document to assist you in organizing your current finances. Seeing where you are currently can aid you in determining if you’re on the right road or if you need to reroute your journey.

Take a few minutes to review and complete the document. While it may seem daunting at first, if you complete it in bite-size pieces, it won’t take much time at all. And it will help you pinpoint your current location. Use it to start a discussion with your spouse or partner, as well as your financial advisor, to make sure you’re all following the same path to your retirement goals.

You can find the Financial Organization Document under the Other Planning Tools section of our Participant Education Center or by clicking here.

DB 360: A New Direction for the Defined Benefit Plan Market

We are pleased to announce the launch of DB 360, our comprehensive BPAS outsourcing solution for the Defined Benefit market. Through the DB 360, we offer fully-bundled retirement plan services to Defined Benefit plans, including actuarial, administrative, communication, investment, and payer services.

The BPAS Advantage

With DB 360, plans at BPAS will enjoy savings in time, money, and simplified administration by having a single service provider and a dedicated team of consultants managing the entire pension relationship. Our full-service menu also provides accurate processing and reporting through a single data source, comprehensive employee communication, and combined maintenance of participant and plan data in a single system.

To learn more about the DB 360 solution at BPAS, click here to read additional details. Visit us at bpas.com or contact us at [email protected] or 866-401-5272 for more information.