Leaders in the accounting profession recognize that ratings and transparency is a new and important factor in the management of retirement plans.
Atlanta, GA (PRWEB) May 17, 2011
In a joint announcement today, Frazier & Deeter, certified public accountants and advisors, along with the FD Alliance and SignatureFD, conducted a national webinar on the impact of new independent ratings on employer’s sponsoring Employee Benefit Plans by partnering with independent rating authority, BrightScope.
“As one of the nation’s leading CPA firms, we work with hundreds of employers that are just beginning to understand that their employees and other constituents now have free access to independent ratings and rankings on the performance of their employee benefit plans,” said Seth McDaniel, Managing Partner of Frazier & Deeter. “These new ratings will begin to compel plan sponsors and employers to look for ways to improve their plan performance. It is important that we help our clients get out in front of these trends.”
“BrightScope is considered the leading provider of retirement plan ratings,” said Chris Etheridge, Employee Benefit Plan Practice Leader of Frazier & Deeter. “With BrightScope’s services any plan participant can easily access the ratings and rankings of their company’s retirement plan. Our clients are seeking real and practical ways to improve their plan’s performance…beyond simply checking the boxes. Our employee benefit plan audit and advisory practice is designed to help address plan performance issues, as well as the required compliance issues.”
“Frazier & Deeter along with the FD Alliance national employee benefit plan practice should be commended for educating plan sponsors about new trends in transparency, “said Ryan Alfred, President and Co-Founder of BrightScope. “At BrightScope we believe that transparency and better information drives improved decision making for plan sponsors and their advisors. We are gratified to see leaders in the accounting profession recognize that ratings and transparency is a new and important factor in the management of retirement plans.”
“There are impactful ways that employers and plan sponsors can improve their plan ratings,” said Doug Liptak, Co-Founder of financial advisory firm, SignatureFD. “Most plan sponsors should think about benchmarking and evaluating their providers, consider key operational improvements, and other best practices that can be combined to increase plan ratings and more importantly plan performance.”
The joint webinar was conducted on April 27, 2011 and was attended by employer’s and advisors across the country. A recording of the Employee Benefit Plan webinar is available by clicking the following link - http://bit.ly/epABrH.
BrightScope®, Inc. is a financial information company that brings transparency to opaque markets. Delivered through web-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. BrightScope primarily operates in two major segments: Retirement Plans and Wealth Management. http://www.brightscope.com
About Frazier & Deeter
Founded in 1981, Atlanta-based Frazier & Deeter is about to celebrate its 30th anniversary and is the second largest independent CPA and Advisory firm in Georgia. The firm's knowledgeable, innovative and customer-focused professionals are committed to providing tailored services across a wide range of tax, audit, accounting and advisory needs to achieve each client's unique financial goals. For that reason, Frazier & Deeter has been recognized as the #1 Accounting Firm in the U.S. to work for in the United States. http://www.frazierdeeter.com
About FD Alliance
The FD Alliance is a national venture of leading independent CPA firms who work collaboratively to address client issues. The FD Alliance is comprised of Frazier & Deeter, LLC; Mueller & Company in Chicago, Illinois; Wallace Plese & Dreher in Phoenix, Arizona; Malin Bergquist in Pittsburgh, Pennsylvania; and Jamison Money Farmer in Tuscaloosa, Alabama.
SignatureFD, LLC is a dynamic financial design firm passionate about providing you the financial peace of mind necessary to allow you to live confidently, fully, and purposefully. http://www.signaturefd.com