AdvisorTrust is an independent trust company that offers directed trust, custody and other back office services for a full range of retirement plans. Plan sponsors benefit from having a single point of contact for both retirement plan recordkeeping and trust services.
With the new SECURE Act regulations, AdvisorTrust is uniquely positioned to serve as a Pooled Plan Provider (PPP) for Pooled Employer Plans (PEPs) and can meet the stringent requirements included in the legislation. We have already started preparing so that we are ready to serve as a PPP immediately when the provisions for PEPs are effective in 2021.
While the SECURE Act provided the regulatory changes, we are waiting for interpretive guidance before fully implementing changes. You’ll receive more detailed information once we have that additional guidance.
Contact your PCS Retirement representative with questions.