The Retirement Advisor University Governance

Overview

The Retirement Advisor University (TRAU) is governed by a Governance Committee, which exists to oversee the educational programs available through TRAU.  This committee is responsible for the governance of The Retirement Advisor University educational content (UCLA Classroom, Online Learning, and Continuing Education) of TRAU. 
 
The Governance Committee has established and delegated responsibility for various tasks to two bodies:
 
  1. The Retirement Advisor University Education Committee; and 
  2. The C(k)P Designation Standards Committee
 
The Education Committee oversees the course offerings, educational content and educational policies of The Retirement Advisor University. The Education Committee acts as an advocate for all C(k)P® Designation Candidates and provides a vision of a premiere educational system for adult learners at TRAU.
 
The C(k)P Standards Committee has been established as an autonomous body with sole authority in regard to all decisions regarding certification. This includes certification requirements, certification polices, and the certification examination. C(k)P® Standards Committee is an independent body of professionals that sets the standards and policies for Retirement Plan Professionals who hold the C(k)P® Designation. The C(k)P® Standards Committee oversees the standards and delivery of the designation for Retirement Plan Professionals, the Certified 401(k) Professional, Designation.
 
While each of these Committees has no dedicated staff, the staff of The Retirement Advisor University is responsible for meeting the needs of each board. The direction and needs of each board is communicated to The Retirement Advisor University staff (and other staff resources as may be donated or contracted from time to time) through the Executive Director or their assigned agent who is also responsible for maintaining the minutes of each board meeting.
 
The Retirement Advisor University Education Committee- Link
The C(k)P® Standards Committee – Link

Continuing Education (To self-report for CE credit, click on CE Submission Form)
 
Purpose of This Document:
To provide guidance on the renewal and certification policies that apply to the C(k)P® Designation.
 
Certification Renewal Requirements Overview
The C(k)P® Standards Committee requires that after meeting the requirements of the program, passing the Designation Exam, and being authorized to use the C(k)P® Designation, the designee must renew the Designation each calendar year in order to ensure the knowledgebase of the C(k)P® Designation holder and to encourage the designee to learn in both a productive and efficient manner.  C(k)P® designees are required to remain current with Continuing Education (CE) requirements and all program fees.
 
Continuing Education Requirements
Each C(k)P® designee must obtain a minimum of 12 hours of continuing education each calendar year:

The 12 hours of Continuing Education consists of:
  • 6 hours of Self-Study; and
  • 6 hours of In-Person Education
6 hours of Self-Study can be completed with the following options:
  • 1 hour for each Course taken on the TRAU Learning Management System (LMS) - Courses taken must be self reported.
  • 6 hours for an approved Case Study
  • 6 hours for attending a TRAU Group Study Session (GSS)
  • AIF Courses/Training
  • ASPPA Courses
  • CEBS Courses
  • CFP Retirement-Oriented Courses
  • CIMA & Morningstar Investment Courses/Training
  • Pre-Approved Broker Dealer Due Diligence Programs

6 hours of In-Person Education can be achieved by attending one of the following Pre-Approved programs for 2015 (each program below is approved for 6 hours unless noted otherwise):
  • NAPA/ASPPA 401(k) Summit (March 22 - 24, 2015, San Diego, CA)
  • Fi360 Annual Conference (March 18 - 20, 2015, Orlando, FL)
  • PLANADVISER National Conference (September 28 - 30, 2015, Orlando, FL)
  • PLANSPONSOR National Conference (June 2 - 4, 2015, Chicago, IL)
  • TRAU Regional Group Study Sessions (GSS)
  • 2015 NAPA DC Fly-In Forum (July 21 - 22, 2015, Washington, DC)
  • Morningstar ETF Conference (September 29 - October 1, 2015, Chicago, IL)
  • 3ethos - The Leadership Boot Camp for Investment Stewards - Thayer Leader Development Group at West Point (Dates Vary)
  • Unified Trust Advisor Symposium (April 21 - 23, 2015, Lexington, KY)
  • Retirement Benefits Consultant Annual Event - Merrill Lynch (March 2 - March 4, 2015)
  • Merrill Lynch Retirement Plan Due Diligence Meeting (April 8 - April 9, 2015, John Hancock Headquarters, Boston, MA)
  • 2015 RPAG Spring Conference (Dates and Locations Vary, 5 hours)
  • Prudential Retirement's Summit (May 19 - May 21, 2015, The Ritz-Carlton Amelia Island, Florida, 5 hours)
  • Retirement Readiness Summit
  • EPIC Insights Conference - McKay Hochman Plan Insights 

6 hours of In-Person Education is accepted for the following Pre-Approved programs for 2014:
  • NAPA/ASPPA 401(k) Summit
  • Fi360 Annual Conference
  • Plan Advisor National Conference
  • Plan Sponsor National Conference
  • TRAU Regional Group Study Sessions (GSS)
  • 2014 NAPA DC Fly-In Forum (September 30 - October 1, 2014)
  • Morningstar ETF Conference (September 17 - 19, 2014)
  • PLANSPONSOR National Conference (June 2 - 4, 2014)
  • Unified Trust Advisor Symposium (May 13 - 14, 2014, Cincinnati, OH)
  • Retirement Readiness Summit (April 23 - 25, 2014, Miami, FL)
  • The Center for Due Diligence (CFDD) Advisor Conference (October 15 - 17, 2014, San Antonio, TX)
  • Morgan Stanley Corporate Directors Retirement Meeting (October 21, 2014)
  • EPIC Insights Conference - McKay Hochman Plan Insights (December 16 - 17, 2014)
CE Hours Tracking Cycle
CE Hours must be obtained and submitted to CE@TRAUniversity.com by December 31st of each calendar year.  First year designee CE Hours will be prorated one hour per month.  See chart:

MONTH EARNED HOURS
NEEDED
BY 12/31
   January 12
   February 11
   March 10
   April 9
   May 8
   June 7
   July 6
   August 5
   September 4
   October 0
   November 0
   December 0


Annual Invoicing / Fee Schedule
There is a single annual payment due from C(k)P Designees:
 
After completion of all coursework and designation requirements, a designee will begin participating in all of the benefits afforded every C(k)P Designee.

Upon earning the C(k)P Designation, the designee will be invoiced a single annual fee of $480.00 which includes all Continuing Education, Profile access to the TRAU Registry for holding the C(k)P Designee Bio, all CE Cross-reporting and recordkeeping, and Co-branding.  C(k)P Designees are also authorized for access to the Retirement Learning Center resources and access to the TRAU Lecturers.  Fee is due and payable on the 1st day of month following the authorization to use the C(k)P Designation and on the same month in consecutive years.
 
Objectives
One of the objectives of the C(k)P Designation is to make it simple for Plan Sponsors to identify, contact and work with Retirement Plan Advisors who have made a strong commitment to the Retirement Plan Industry.  See your name and firm as listed on the TRAU Website.  We employ a plan sponsor outreach program, through our sister organization The Plan Sponsor University (TPSU), whereby we use C(k)P designees to educate the plan sponsor community.  These educational programs are delivered on the campuses of colleges and universities throughout the country.  The C(k)P Designation has been highlighted at over 30 educational institutions.  Our outreach to plan sponsors includes highlighting C(k)P Designation holders via U.S. mail, email, and direct invitations to TPSU Fiduciary Education.
 
CE Submissions / Inquiries
All CE submissions and/or questions regarding Continuing Education for the C(k)P Designation can be sent to CE@TRAUniversity.com or submitted using the CE Submission Form
 


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