NFP Announces Launch of Benefits Compliance Portal
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This comprehensive employee benefits compliance solution generates a list of compliance requirements based on an employer's size and type of employee benefit plans. It also provides information on the latest regulations, providing advisors and their clients with a detailed description of each requirement, links to relevant government websites, copies of model notices, frequently asked questions and applicable noncompliance penalties. The portal can also generate an action plan for completing outstanding tasks. The action plan syncs with online calendars, allowing advisors and clients to track specific compliance tasks and receive email reminders.
NFP's national employee benefits practice provides a broad suite of products and services, including an extensive Benefits Compliance team, actuarial services, human resource services, benefits administration, and communication and analysis tools, which enable its professionals to fully support employer clients. NFP's benefits professionals combine their knowledge and expertise with these resources to deliver comprehensive solutions to NFP's clients.
Commenting on today's announcement, Ed O'Malley, president,
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