By: Kimberly Martin, APA, CPC, QPA, Education Director, NIPA
You may have gotten into this crazy business
by accident (not too many of us grew up planning on being a TPA), but once on the
job, you made a choice to remain in the retirement plan industry, and that
choice demands education. This isn’t a
profession where you can “wing it” for long.
Complex statutory mandates require that you know what you are
doing! Successful TPAs need to not only
understand qualified plan concepts, but also must be able to apply these complicated
rules when designing and administering retirement plans.
Where can you go to make sure your staff has
the knowledge and skills they need to effectively handle the day-to-day
administration of your clients’ plans?
NIPA is committed to advancing the unique value of TPAs in the
retirement industry by keeping TPA business owners, their firms and staff ahead
of the curve. NIPA’s best-in-class
designations ensure your staff has the expertise required to perform their
daily jobs – and set your firm apart from the competition.
To maintain high professional standards in
our industry, NIPA offers two comprehensive designations which indicate that an
employee has achieved the necessary “know how” in this industry. Through NIPA’s Accredited
Pension Administrator (APA) and Accredited
Pension Representative (APR) programs, your staff
will gain the required knowledge and skills that immediately translate into
being able to do their jobs – and improve bottom-line results!
The APA is earned through the successful
completion of four self-study courses and exams geared toward plan
administrators and consultants, while the APR designation is earned through the
successful completion of two self-study courses and exams geared toward
financial professionals. Each program’s
relevant and practical curriculum focuses on the information and abilities your
staff needs to successfully carry out their responsibilities. Check out each designation’s comprehensive
curriculum in NIPA's
2014 Education Brochure.
While NIPA’s designation program is designed
to provide your staff with the expertise needed to meet the demands of their
jobs, a NIPA designation isn’t only about improving day-to-day
performance. NIPA’s APA and APR
designations provide your staff with the opportunity to earn a prestigious
designation that carries with it a sense of personal accomplishment and
demonstrates their commitment to the retirement plan industry. Obtaining a NIPA designation will strengthen their
personal and professional value, causing them to stand out from their peers and
distinguishing your firm in the marketplace.
Because NIPA is committed to providing you,
your firm and your staff with the tools and resources you need to succeed, NIPA
has implemented a new pricing structure for its APA/APR designation
program. In addition, staff of business
owner members can now register for the APA and APR exams at the reduced member
rate. Practically speaking, this
translates into lower costs to put your employees through NIPA’s designation
program. Visit http://www.nipa.org/?page=DesignationPrograms to learn more about these
discounts available to you.
NIPA’s designations are also convenient to
obtain. Courses are self-study, allowing
your staff to progress at their own pace. Practice examinations are available to help
determine how well they know the material.
APA and APR exams are administered online during three month-long
periods each year, making it easier and more convenient to schedule and
complete their exams. In fact, NIPA’s next
exam window is from May 15 through June 15, and registration is still
open. Click here to enroll your employees in NIPA’s APA or APR
designation program, and get them started today!
Retirement plans operate under a complex set
of rules and regulations, causing day-to-day plan administration to become
increasingly more complicated. NIPA’s
designation program will help you meet this challenge. Educating your employees is a commitment you
must make in order to advance your business in this competitive world. Don’t wait!
Begin today. Click here and register your employees in NIPA’s APA or APR
designation program, and strengthen their personal and professional value. With NIPA’s best-in-class designations, your
staff will gain the education excellence necessary to set your firm apart from