Top TPA Business Owners Receive “PhD” Distinction
(Springfield, MA)– MassMutual’s Retirement Services Division recently introduced its new “TPASMART” Program at an elite conference for owners of top TPA (Third-Party Administrator) firms. The conference was held Nov. 12 – 14 at the Ritz-Carlton in Laguna, Calif., and welcomed 80 TPAs from across the country.
Framed around MassMutual’s “Mutual Strength, Mutual Purpose” theme, the 2013 conference provided TPAs with relevant and timely information on industry best practices and what to expect from MassMutual in 2014. Specifically, this year’s topics included:
• MassMutual Sales Distribution Strategy & 2014 TPASMART Program
• The Future of Technology – Working with MassMutual Just Got Easier
• The Future of Employee Benefits
• Practical Solutions to Drive Better Outcomes
• Solutions for Taxing Times
This year’s keynote speaker, Ryan Estis, presented a “Passion on Purpose” segment, which focused on the importance of vision and values in the new economy and building high trust, high value relationships.
“Relationships drive our success and MassMutual understands the value that TPAs provide to our industry,” says Hugh O’Toole, senior vice president of sales and client management for MassMutual’s Retirement Services Division. Elaine Sarsynski, executive vice president of MassMutual’s Retirement Services Division and chairman of MassMutual International LLC, adds “Our TPASMART Program aligns with our vision of designing plans that will enable participants to retire on their own terms with dignity. This is the reason we named the program ‘TPASMART’ with our top TPAs earning the distinction ‘PhD’ (Plan Health Differentiator).”
“We feel that MassMutual has truly differentiated themselves in terms of their commitment to their TPA partners, as well as their commitment to the participants that we serve,” says Anthony S. Tomasula, vice president of PPS Pension Services in Williamsville, N.Y., who attended the conference. “Employees cannot truly take ownership of their retirement plan until they have a clear vision of their path to retirement. MassMutual provides participants with the necessary tools to not only define their retirement goals, but also to lay out a strategy to achieve those goals. Retirement readiness is not a catch-phrase for MassMutual clients, it’s a destination.”
For more information about MassMutual Retirement Services, please contact your retirement plan advisor or call MassMutual at 1-866-444-2601.
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyowners consistently since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company’s strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
MassMutual’s Retirement Services Division has been serving retirement plans for more than 65 years. It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and nonqualified deferred compensation plans. It serves approximately 3 million participants.