Setting an industry standard for RFPs
Article Abstract:
The Society of Professional Administrators and Recordkeepers (SPARK) has been developing a standardized request for proposal (RFP) model which may significantly aid those involved in the contract process. SPARK hopes to have a model ready by the end of 1996, though it may not please all society members. The model RFP is designed to guide prospective clients initiating a request to include necessary information to which vendors can appropriately respond. SPARK represents many areas of the industry, thus it is in the best position to create a solution to a time-consuming process.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1996
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Consultant training: IMCA certification program popular among consultants and sponsors
Article Abstract:
The Investment Management Consultants Assn's (IMCA) certification program is slowly establishing itself as a reputable basis for selecting benefit program consultants and sponsors. The Certified Investment Management Analyst (CIMA) designation from the IMCA has gained respect from firms seeking certified investment management consultants for evaluating benefit plan options. CIMA consultants have completed a week-long program covering instruction on investment policy, international financial markets and portfolio analysis.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
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Pros, cons of using peer money managers
Article Abstract:
Peer money management refers to an investment procedure in which a pension planner allows other planners to manage his clients' investments. The procedure is advantageous since it entails minimal costs, provides excellent investment diversification and capitalizes on another company's expertise and track record. However, peer money management schemes are difficult to sell to senior managers and stockholders, who are often cautious about investments outside their company's main business.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
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