Principal Taps New TPA Business Head

March 16, 2006 ( - In a move to increase the focus on its services linking third party administrators (TPAs) with clients, The Principal Financial Group has announced the appointment of Jeff Schreiber as vice president of business development-TPA.

In his new role at The Principal, Schreiber will direct The Principal TPA distribution network, including developing and implementing products and services within the TPA channel and growing existing and new relationships with TPAs at the local level.

He was most recently with Fidelity Investments Life Insurance where he expanded distribution partners and directed overall marketing efforts.

More information on Principal Professional Link can be found at . The Principal launched Principal Professional Link in 2001. According to the announcement, the program positions TPA alliances with clients as the plan design and compliance experts.

Through the service, The Principal supports TPAs providing recordkeeping, investments, enrollment services and participant solutions, the Principal said.