PainPA Posted May 5, 2011 Share Posted May 5, 2011 When is a SAS 70 required? Is there any regulating body? Any cites? e.g. A recordkeeper who is the TPA and the Broker (does not have a 6 or 7, sells thru a life license). Plan assets eventually end up with a major insurance provider. Plan Sponsor says they write the bi-weekly contribution checks to the TPA company name (Did not confirm this as of yet). Link to comment Share on other sites More sharing options...
quinnfield Posted May 6, 2011 Share Posted May 6, 2011 SAS 70 is being replaced by SSAE 16 (Statement on Standards for Attestation Engagements No. 16). Link to comment Share on other sites More sharing options...
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