Plan Oversight & Management
When surveyed, 93% of OMA members said it was important that a group retirement plan should have a legal duty to act in their best interests. That’s why OMA Insurance was directed to establish the Advantages Retirement Plan™ under a governance and legal structure that puts plan members’ interests first. The structure is similar to that of a large workplace pension plan, that legally requires the plan sponsor and administrator to act in the best interest of beneficiaries.