Pooled Plan Provider NPPG Announces SEC Registration as an Investment Adviser
Summary
He added, "In our view and that of our attorneys, it is requisite to the role we play and, frankly, makes sense from a fiduciary perspective to protect adopters and their participants." By their structure and operation, PEPs can achieve economies of scale that reduce administrative costs and mitigate fiduciary liabilities inherent with 401(k) retirement plans. NPPG customizes solutions to meet the business and financial goals of its clients, which include members of the New York Stock Exchange and NASDAQ, internationally-known non-profit organizations, Fortune 500 companies, and government agencies, as well as small entrepreneurial businesses, associations, and Professional Employer Organizations (PEOs). 2 Subject to state law, representatives of registered investment advisers are generally required to pass certain exams. This is a separate process from the actual act of registering as an investment advisory firm with the SEC, which alone does not imply a certain level of skill or training.