ASPPA Restructure Vote Coming Soon

By John Iekel • May 27, 2014 • 0 Comments
The ASPPA Board of Directors has decided that the best way to serve the society’s traditional members going forward is to create a new sister organization focused solely on their unique needs and concerns. The Board has recommended keeping the ASPPA name for the new sister, given its almost 50-year brand identity among retirement plan professionals. The “new ASPPA” would join ACOPA, NTSA and NAPA as part of a new “hub” organization to be named the American Retirement Council. The Council would coordinate and support the activities of all four sisters and will serve as the public face for issues affecting the organization as a whole. 

ASPPA has created a website that offers detailed information about the proposal, what it means and how it will benefit ASPPA, as well as ACOPA, NTSA and NAPA. 

Since such changes require an amendment to the ASPPA Bylaws, a vote must be taken to approve the Board’s recommendation. Under the current Bylaws, eligible voting members include only credentialed members. Those members have been asked to review and offer the ASPPA Board comments about the plan by June 4. Once the ASPPA Board has reviewed all of the comments and made any necessary changes to the proposal, a 21-day voting period will follow. 

Electronic/mail-in voting will be conducted July 8 - 28; information about how to vote will be provided as the voting period approaches.

John Iekel is Senior Writer and Editor for the ASPPA Net and NTSA Net portals.