GPS Certifies July Business Services with the First CEFEX Certification for Operational Fiduciaries in Pooled Plans
July Business Services (“JULY”) has received the first certification as a Pooled Plan Service Provider issued by the Centre for Fiduciary Excellence (“CEFEX”) from Broadridge. JULY was evaluated for the readiness of its infrastructure to support compliance with substantially all operational requirements under ERISA and the Internal Revenue Code.
GPS and Cambridge Launch EveryoneSaves Pooled Employer Plan
Firm partners with industry leaders to expand access to retirement plans for small businesses. by PETE SWISHER Cambridge, a leading provider of financial solutions to independent financial professionals, is excited to announce the launch of...
Retirement Plan Executive Joins PRI and GPS
San Diego, CA – The Pension Resource Institute, LLC (PRI), a retirement plan compliance, technology, and consulting firm, has added Annie Messer as President, Member Relations, effective March 13, 2023.
GPS Launches its First PEP
Independent operational fiduciary Group Plan Systems, LLC has signed an agreement with JULY Business Services to serve as recordkeeper and third-party administrator to a Pooled Employer Plan (PEP) for which GPS will serve as the Pooled Plan Provider (PPP).
A Rumor of the Death of GoPs
The retirement industry got two new plan types via the SECURE Act—pooled employer plans (PEPs) and “groups of plans” (GoPs). But proposed regulations issued on Sept. 14 might effectively kill the GoP provision as a useful product tool.
The Progress and Future of PEP Construction and Regulation
The pandemic has delayed construction of pooled employer plans (PEPs) by at least a few months, but the building continues, as do the efforts of the Executive branch to publish anticipated guidance about…
GETTING OUT, PART 1
A criticism of multiple
employer plans (MEPs) in
years gone by was that they
were like Hotel California—
you could check out, but you
could never leave. For the most…
2021 PLANNING FOR THE SECURE ACT
This has been a chaotic year. But in chaos there is opportunity – and the need to redefine the retirement strategy is now. No one really expected the secure act to pass in 2019. And no one expected that, if it passed at the end of 2019, the…