Bpa Consulting Group Limited

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Description

The BPA Financial Group of Companies is very aware of all obligations to the Trust Funds as stipulated under the Labour Relations Act, the Provincial Pension Benefits Acts, the Office of the Superintendents of Financial Institutions and the Income Tax Act. Duties such as filing audited statements, or providing proper benefits communication to the membership or submitting annual information reports are performed automatically by our staff. Our philosophy is that we are aware of our obligation under all legislation and can assure the Trustees that this obligation will be performed without having to be instructed to do so. Our first obligation is to protect the interests of the Trust Fund's beneficiaries. This encompasses maximizing services for dollars spent, operating within the boundaries of an acceptable Administration Agreement, accurate record-keeping, and acceptable communication of information. The Trustees select an Administrator to execute their fiduciary responsibility in this regard. The Administrator, in turn, must be prepared to advise the Trustees on the selection of services and ensure that they are delivered efficiently. In the execution of their duties, including the selection of their professionals, the Trustees must act as "prudent men" as defined by English Common Law. A Trustee basically must conduct himself faithfully and exercise sound discretion. It is the Administrator's duty to provide knowledgeable and sound guidance to the Trustees in order to...

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