Interested parties may apply to become either a Full, Associate, or Provisional member of TPAAC. A completed Application for Membership is required for the review process. The application process involves audit documentation for KPMG, which is TPAAC’s appointed membership auditor. TPAAC’s Membership Committee and Board of Directors will review the application based on KPMG’s assessment.
Full Membership is restricted to businesses operating within Canada which carry on the business of providing third party administration of group insurance and pension plan benefits and which meet the criteria and professional standards set for admission, and is not an ineligible business, as defined below. Full Members are entitled to vote at members' meetings.
Only applicants that (1) are related to, are a holding body corporate of, are affiliated with, or that control or is controlled by (as such terms are defined in the Corporations Act (Ontario)) an existing Full Member and (2) are engaged in aspects of third party administration may qualify for Associate Member status. Associate Members do not have voting privileges.
Benefits of TPAAC Membership
• Recognition of sound fiduciary responsibilities
• Assistance in achieving standards
• Elevated presence in the industry
• Influence in guiding direction of TPAAC
• Forum for sharing knowledge and ideas
• Liaison with regulators
• Association buying power
• Association with other participants in the industry (CLHIA, CCIR, etc.)
• Cross border relationship with USA Society of Professional Benefit Administrators
Apply to join the Third Party Administrators’ Association of Canada (link to .pdf)
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