Firms Partner on Executive Plan Hedging Strategy

March 18, 2013 ( – The Newport Group and Analect Benefit Finance (ABF) have announced a strategic alliance to provide Total Return Swaps.

Newport and ABF, a provider of nonqualified plan analytics, will provide the product to companies that offer executive retirement plans to help them mitigate the income statement impact often associated with these programs. 

Newport’s automated systems will provide facilitation and administration of the Total Return Swap, as well as the integration of the financial and tax reporting with the plan sponsor’s financial reporting processes. Newport’s accountants and plan administrators will handle all the details and provide a comprehensive monthly reporting package to the plan sponsor. 

“ABF has created an effective hedging strategy for nonqualified executive retirement programs such as deferred compensation plans,” said Peter Cahall, Newport’s chief executive officer. “This is a unique capability in the executive benefits marketplace, and it further broadens Newport’s suite of services to consultants and advisors who work with us to meet the needs of plan sponsors.” 

With Newport acting as the provider of nonqualified executive benefit plans, David Marshall of ABF added, “We’re excited to team up with them to bring this important new financing tool to executive benefit plan sponsors.”