Pulse Logic Announces Results of National Study of TPAs
CONCORD, MA, July 28, 2010 -- Pulse Logic announces the results of the a first-of-its-kind, in-depth, national study of the demographics and behaviors of TPAs who specialize in the retirement plan industry.
The Pulse Logic 2010 Retirement Plan TPA Study study gathered data from a robust sampling of the nation's third party administrators—providing insight to key demographics, behaviors, new business strategies, product preferences, and business characteristics. The study also reveals TPA attitudes and perceptions toward product vendors, support, and systems as well as their degree of reliance on financial advisors, product vendors, wholesalers, and other professionals in new business acquisition.
Pulse Logic's research indicates:
- Over 33% of TPAs have books of business that exceed 500 plans
- Though only 10% of TPAs perform daily valuations on all their plans, 33% of all TPAs still perform daily valuations at some level
- Over 80% of TPAs have been in business for at least 20 years and 98% have been in business for at least 10 years
High level findings also demonstrate:
- Clear segmentation guidelines for vendor and asset manager distribution strategies exist
- The role of the TPA continues to evolve in retirement plan distribution
- How distribution within the TPA channel differs from traditional methods
- TPA business revenue sources
About Pulse Logic
Pulse Logic is providing unique and extensive perspectives on sales and distribution, delivering exclusive real-time market intelligence for better business decisions. The source for accurate, timely, and actionable data, Pulse Logic addresses the financial industry's most pressing issues.
###
Click here for more material dealing with current trends, opinion, news, legislative action, investments, marketing, sales, consulting, and legal issues on 401k plans.
This is a press release provided by the company or its representatives. 401khelpcenter.com, LLC is not the author of this release and is not associated or affiliated with any firm or organization mentioned unless otherwise noted. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by 401khelpcenter.com, LLC.
