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USVI Pensions primarily focuses on on preparing Third Party  Administration (TPA) Firms in the US retirement plan industry to prepare  for mergers and acquisitions as well as processing TPA firms for CEFEX  certification.  USVI Pensions, although located in the US Virgin Islands  also provides business consulting services in the UK and Canada in  addition to the United States.

Richard N. Carpenter, CPC, CEBS - President and Founder of USVI Pensions and Consulting.  

About Richard:

Richard  is the founder of the Technical Answer Group, Inc (TAGdata.com), now  owned by Wolters Kluwer Law and Business.  In the 10 years he operated  TAG, he developed over 2,000 customer relationships with accounting  firms, law firms, insurance companies, mutual fund companies and more  than 1,500 third party administration (TPA) firms. 

Prior to  founding TAGdata.com, Richard was formerly the Senior Manager in charge  of the Florida employee benefits consulting practice for Deloitte &  Touche.   

He has an MBA with an emphasis in Finance from the  University of South Florida.  He earned the Certified Employee Benefits  Specialist (CEBS) from the International Society of Certified Employee  Benefit Specialists (ISCEBS) and Certified Pension Consultant (CPC) from  the American Society of Pension Professionals and Actuaries (ASPPA). 

Richard  was an instructor for the CEBS program and is a frequent national  speaker on the design and administration of 401(k), 403(b) and other  qualified deferred compensation arrangements.  He has also spoken on  pending legislation affecting the qualified retirement plan industry as  well as preparing small to medium size businesses for acquisitions,  mergers and spin-offs.  

Richard entered the pension  business in 1978.  Richard drafted a white paper describing the  opportunities available with the pending legislation of section 401(k)  of the Internal Revenue Code.  When section 401(k) was added as part of  the Revenue Act of 1978, the firm was in a strategic position to be one  of the first in the 401(k) marketplace.  He installed his first 401(k)  plan in November of 1981, two weeks after the issuance of the first  proposed 401(k) regulations.  His clients have included Price  Waterhouse, Office Depot and Alamo Rent A Car