The latest news from Transamerica

With a history dating back more than 100 years, Transamerica is a leading provider of insurance, retirement, and investment solutions, serving millions of customers throughout the United States.

For media inquiries, please email Media.Relations@transamerica.com

Transamerica Sponsors CycleNation Fundraiser in Denver Supporting American Heart Association

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Baltimore -
- Transamerica announced today that the company is sponsoring and collectively raising contributions for the America Heart Association by participating in a CycleNation event in the Mile High City. Denver CycleNation will be held in the Tivoli Quad on the Auraria Campus on Saturday, September 7, beginning at 2:30 p.m. MT. Transamerica is a signature sponsor for the event.

Transamerica Reduces Fees for Multiple Investments, Helping to Maximize Overall Value for Customers

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Denver -
- Transamerica announced today that the company reduced the fees of multiple investment funds, reflecting the company's commitment to helping customers reach their financial goals. Effective as of August 1 and August 2, 2019, fees were reduced by up to 13 basis points for certain classes of the following investments, representing more than $11.4 billion in assets as of June 30, 2019. 

Transamerica Unveils New Suite of Tools to Help Patients and Financial Professionals Navigate Family Finances Following a Cancer Diagnosis

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Baltimore -
- Transamerica today announced new tools centered on helping people and their loved ones navigate the many decisions and actions that must be made after cancer diagnosis and treatment. The informational guides are written by Dr. Bill Lloyd, an active, licensed physician who is also a board- certified surgeon and pathologist.

Transamerica Releases Findings on Workplace Wellness Programs

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Baltimore -
- Transamerica announced today the availability of “Impact of Employee Health on Business Success,” a research paper that provides analysis and recommendations for creating effective workplace wellness programs. The white paper alerts employers to risk factors and mitigation of chronic health conditions.

Transamerica Intermediate Muni Fund Wins 2018 Thomson Reuters Lipper Fund Award

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Baltimore -
- Transamerica Intermediate Muni class I shares (TIMUX) has won a 2018 Lipper Fund Award in Lipper’s Five Years Intermediate Municipal Debt Funds category. The Lipper Fund Awards recognize funds that have excelled in providing consistently strong risk-adjusted performance relative to their peers. This is the second time in three years this fund has been recognized with a Lipper Award.

Transamerica Partners With Tata Consultancy Services to Transform its Insurance and Annuities Administration

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Baltimore -
- Transamerica today announced that it has entered into an agreement with Tata Consultancy Services (TCS) to transform the administration of Transamerica’s insurance and annuity business lines in the U.S. The partnership enables Transamerica to accelerate the enhancement of its digital capabilities and the modernization of its platforms to service its customers in all lines of business. The agreement, a multi-year partnership with more than USD 2 billion of revenues to TCS, is expected to be completed by the second quarter 2018.

Transamerica Debuts DeltaShares, a New Suite of Strategic Beta ETFs Designed to Help Investors Manage Risk and Achieve Long-Term Goals

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Denver -
- Transamerica Asset Management, Inc. today launched the DeltaShares by Transamerica suite of strategic beta exchange-traded funds (ETFs). The DeltaShares suite includes four ETFs designed to provide core equity strategies with an embedded risk-management feature. DeltaShares by Transamerica are the first and only suite of ETFs that track the S&P Managed Risk 2.0 Index Series so that investors can track the performance of a given segment of the equity market while seeking to control volatility.

Transamerica Partners With Sage Advisory Services to Offer New Cash Balance Retirement Plans

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Baltimore -
- Transamerica today announces the Transamerica Sage Cash Balance Solution to help small and mid-size businesses with retirement planning. An employer that sponsors a cash balance retirement plan will consult with the plan’s advisor to select one of three investment solutions independently managed by Sage Advisory Services. The growth, moderate or conservative investment strategies are designed and managed to meet common cash balance plan objectives, including principal protection, common interest crediting rate targets, and an awareness of the annual investment time horizon.

Transamerica's New "Provider Select" Supplemental Insurance Policy Offers Twice the Cash Benefits for Hospital Care at Designated Facilities

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Baltimore -
- Transamerica today announces the availability of a new, first-of-its-kind, hospital indemnity insurance policy designed specifically for hospital systems and provider-owned health plans. Transamerica Provider SelectSM supplemental insurance policies pay double cash benefits when employees’ hospital care is received at a treatment center designated by the employer. Transamerica Provider Select is designed for use by national and regional hospital systems, hospital-owned health plans, or any employer looking to potentially reduce medical plan premiums and help employees better manage their out-of-pocket medical costs by using preferred treatment centers.

Transamerica Launches First-of-its-Kind Voice Biometrics and Natural Language Understanding to Increase Security and Enhance Customer Experience

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Baltimore -
- Transamerica announced today that it is launching Transamerica Voice Pass, a first-of-its-kind feature developed with Nuance Communications, Inc., that increases security and enhances the customer experience by leveraging voice biometrics technology within a natural language understanding system. Customers calling Transamerica’s customer care service centers will be able to more easily and securely authenticate and access their accounts while also identifying the reason for their call, simply by speaking. View the Voice Pass Infographic here View release in multimedia here

Aegon Asset Management US Closes 51st Fund Offering

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Baltimore -
- Aegon Asset Management U.S. announces the closing of Garnet LIHTC Fund XLVIII, LLC, a $105 million national, low-income housing tax credit fund. This is the 51st fund offering sponsored by Aegon USA Realty Advisors, LLC (“AURA”), a member company of Aegon Asset Management, and the global investment management division of the Aegon Group. In addition to sponsoring the fund, AURA will also provide ongoing fund oversight and asset management services for the life of the fund.

Transamerica Expands Use of Multiple Employer Retirement Plans to Private Colleges and Universities

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Baltimore -
- Transamerica Retirement Solutions today announced the HigherEd Retirement ConsortiumSM, a new 403(b) multiple employer retirement plan designed to help private colleges and universities merge their employee retirement plans in order to simplify plan administration, manage fiduciary responsibilities, take advantage of expert plan management, and receive economies of scale in administrative and investment pricing.

Key Findings of "Prescience" Survey Point to Increases in Auto Enroll, Default Contribution Rates and Use of Mobile Technology by Retirement Providers

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Harrison -
- The latest study conducted by Transamerica Retirement Solutions examining trends in retirement plans with $25 million to $1 billion in assets reveals a sea change for the retirement industry: an increasing number of retirement plan sponsors will automatically enroll participants at higher default contribution rates over the next few years to help them better prepare for retirement.

Aegon Asset Management Expands U.S. Distribution

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Cedar Rapids -
- Aegon Asset Management announced today the appointment of Ron Shortenhaus as Director of U.S. Consultant Relations, a new role at the firm. Aegon Asset Management is the global, active investment management arm of Aegon N.V., with centers of investment expertise in Europe and the United States and distribution across the Americas, Europe and Asia.

Transamerica to Sell Division of Broker Dealer Unit to John Hancock

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Baltimore -
- Transamerica Financial Advisors, Inc. (TFA), and John Hancock Financial Network, Inc. (JHFN), a distribution channel of John Hancock, today announced that they have entered into a definitive agreement for John Hancock to acquire certain assets of TFA, a full service, independent broker dealer and registered investment adviser based in St. Petersburg, Florida.

Transamerica Supports Two Athletes in the 2015 Special Olympics World Games

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Baltimore -
- Transamerica announced today it is supporting two athletes who will compete in the Special Olympics World Games Los Angeles 2015: tennis player Adilson Silva from Brazil and track-and-field athlete Sanne Jone Hoedeman from the Netherlands. The LA2015 World Games will be held from July 25 – August 2, 2015 in Los Angeles, and will be the largest sports and humanitarian event in the world this year.

Higher Education Institutions Implementing Changes to Improve Retirement Readiness of Employees

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Harrison -
- Higher Education institutions are responding to the shifting retirement landscape by adopting practices more commonly seen in the corporate sector, such as working with plan advisors, monitoring the retirement readiness of employees, implementing automatic enrollment features and streamlining retirement plans, according to a research report released today by Transamerica Retirement Solutions. The report, Retirement Plans for Institutions of Higher Education, was created from interviews with 117 retirement plan sponsors in the Higher Education sector.

Symposium to Explore Impact of Alzheimer's Disease and Dementia on Financial Planning

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Cambridge -
- Transamerica and the Massachusetts Institute of Technology (MIT) AgeLab today highlighted the significant issues facing individuals and families affected by Alzheimer’s disease and dementia during a day-long symposium in Cambridge, Mass. The symposium, titled “Financial Planning in the Shadow of Dementia,” brought together academic experts, caregivers, physicians, Alzheimer’s Association representatives, Transamerica management and financial professionals to discuss family dynamics, as well as the physical, personal and financial impacts of Alzheimer’s on the afflicted and their families.

Transamerica to Rebrand Insurance Companies in 2014

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Baltimore -
- Transamerica has undertaken a program to merge and rename certain of its statutory insurance companies to further leverage the strength and distinctiveness of its iconic brand. The majority of the rebranding program, which is subject to regulatory approval, is expected to be completed later this year.