The Principal Financial Group has created a set of tools, training and resources for third party administrators that deal with practice management, new business prospecting and retirement plan business education.

The tools will help TPAs build and manage their retirement plan businesses.

"Input from The Principal TPA Council and our years of experience working with TPAs guided the development of this new value-add program," said Jeff Schreiber, vice president of TPA business development at The Principal. "TPAs are continually striving to build their businesses, efficiently manage their practices and provide even better service to financial professionals and clients. We are committed to helping TPAs achieve their goals and this new program is designed to do just that."