U.S. Retirement Partners Attends NTSAA 403(b) Compliance Resolution Summit
ISELIN, N.J., June 26, 2009—U.S. Retirement Partners is aware of the industry-wide concerns regarding the many service issues experienced in the current 403(b) environment as a result of recent regulatory changes. Two executives from U.S. Retirement Partners attended the 403(b) Compliance Resolution Summit which was hosted by the National Tax Sheltered Accounts Association (NTSAA), in Dallas, Texas, June 23–25.
Attendees were financial services and retirement professionals joining in a goodwill effort to discuss the standardization in managing the processes, procedures and information sharing. Their efforts are expected to result in significant client service improvement and boost professional integrity in the 403(b) marketplace.
“The NTSAA 403(b) Compliance Resolution Summit is designed to be a friendly working forum where knowledgeable industry professionals can review the challenges and work together to provide solutions that will benefit the entire 403(b) market,” said Christopher DeGrassi, President of NTSAA.
“This summit is demonstrative of the dedication of professionals in our industry. The 403(b) federal regulation changes have made an impact on many levels. Working in a collaborative effort to alleviate the service issues is a testament to the high standards in our industry,” said Jim F. Schlucter, Senior Vice President, National Director of Practice Management.