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.

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Brodeur Appointed COO of World Financial Group

Baltimore - October 02, 2023 - Transamerica announced today that Michael Brodeur will serve as chief operating officer (COO) of World Financial Group Insurance Agency, LLC (WFG) and vice president at Transamerica. As COO, Brodeur will lead all operating activities across WFG. He will report to Todd Buchanan, president of WFG, senior vice president at Transamerica.

Transamerica Reaffirms Commitment to Retirement Business, Continues Successful Campaign to Aid Employers through 2023

Baltimore - August 30, 2023 - Transamerica boosts its 401(k)ares campaign to empower small businesses and American workers with enhanced retirement and savings solutions. Starting September 1, the initiative offers waived fees and valuable incentives, aiming to make Transamerica the go-to choice for middle-market life and retirement plans. Secure your financial future—call (888) 401-5826 for details.

Transamerica Report Projects Labor Shortage to Persist in 2026

Baltimore - August 02, 2023 - Transamerica today released a new report, "Prescience 2026: Dynamics of the American Workforce," highlighting the continued U.S. labor shortage in 2026, the gig economy's response to attracting talent, and the importance of flexibility in workplace culture and benefits.

Zach Johnson to Honor Transamerica at Foundation Classic Gala

Cedar Rapids, Iowa - July 27, 2023 - Transamerica, a leading insurance company in Iowa, will be recognized at the annual Zach Johnson Foundation Classic Gala for its 20-year sponsorship of professional golfer Zach Johnson and its significant contributions to the Cedar Rapids community.

Transamerica Unveils Financial Choice IUL

Baltimore - January 05, 2023 - Transamerica announces today the availability of the Transamerica Financial Choice IULSM, a new index universal life insurance policy to protect beneficiaries while providing flexibility and opportunity for tax-advantaged supplemental income.

Transamerica Applauds the Passage of the SECURE 2.0 Act of 2022

Baltimore - December 23, 2022 - Transamerica commends the passage of the SECURE 2.0 Act of 2022, included in the year-end government spending bill. SECURE 2.0 is a bipartisan package of provisions built to encourage retirement savings primarily through employer-sponsored, qualified retirement plans.

Transamerica Bolsters Pooled Retirement Plan Offerings with the Acquisition of TAG Resources, LLC

BALTIMORE - March 01, 2022 - Transamerica announced today the expansion of its pooled retirement plan capabilities with the acquisition of TAG Resources, LLC, a leading retirement services company based in Knoxville, Tennessee. The addition of TAG’s technology and service model will enable Transamerica to further expand its pooled retirement plan offerings to third party administrators (TPAs), financial advisors, broker-dealers, and defined contribution investment only (DCIO) exchange partners.

Transamerica Debuts Value-Focused Retirement Plan Solution for Small Employers

BALTIMORE - January 10, 2022 - Transamerica today announced the availability of a new packaged solution explicitly designed for small companies seeking to start a new workplace retirement plan for their employees. The Transamerica Advantage SolutionSM is a configurable retirement plan solution that combines all the technical expertise and participant services designed to operate a workplace retirement savings program efficiently. Plan sponsors will work with their financial advisor to choose a service and investment menu that best fits their needs.

Transamerica Settles Universal Life Litigation

Baltimore - April 06, 2020 - Transamerica today announces an agreement that would resolve class action litigation challenging monthly deduction rate adjustments on certain universal life insurance policies. This settlement in Thompson v.

Transamerica Launches New Emerging Markets Fund

Baltimore - January 30, 2020 - Transamerica announces the launch of the Transamerica Emerging Markets Opportunities fund, now available to retail and institutional investors. Transamerica selected Wellington Management Company LLP to sub-advise the fund.

Transamerica Celebrates Passage of SECURE Act

Baltimore - December 20, 2019 - Transamerica applauds the passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, included in the year-end government spending bill signed into law by President Donald Trump on December 20, 2019.