In this newly created position, Costello is responsible for maintaining existing TPA relationships as well as growing Great-West Retirement Services’ TPA-supported 401(k) business. She reports to Tom Connolly, vice president, business development.
According to a press release, prior to joining Great-West Retirement Services, Costello served as an investment associate for six years at Sheakley, a payroll and human resource outsourcing firm. She also gained expertise as a TPA regional manager for ING North America and worked for nine years at Paychex as a sales consultant.The announcement said Great-West Retirement Services has almost tripled its percent of sales with TPAs from 22% in 2007 to 65% through August 2010.
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