A New Paradigm for Institutional Investing, Uncertainty, transition and social factors: Infrastructure Outlook, Alternative Credit: Differences and Opportunities in CLOs and Credit Risk Shari, Fixed Income is Attractive, but Beware of "Fake" Yield, A Strategic Allocator's Guide to Productivity and Profits, For institutional investors, ETFs can make meeting liquidity needs easier, Gold: the most effective commodity investment, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. Report Fraud Those with a death claim on terminated policy will receive their payment by check. SIFMA and joint trades provided comments on shortening the settlement cycle to T+1. Some cases have resulted in over a million dollar settlements. If you haven't joined the plan, you can start here. Securities offered through Transamerica Investors Securities Corporation, Harrison, NY. TransAmerican Title & Settlement Services | Boca Raton FL public defender, legislators raise awareness of expungement, cannabis law ch[], On June 29, the U.S. Supreme Court held that the use of race as a factor to consider in admissions t[], The Federal Trade Commission is suing Amazon for allegedly tricking customers into signing up for th[], Raiding your retirement accounts can be expensive. C15-0030, N.D. Iowa) wound up in a settlement that also required Transamerica to make structural changes to its plan, including capping fees associated with certain in-house investments, adding a non-Transamerica managed low-fee bond fund, and providing record-keeping services to the plan at no cost. You can receive a Transamerica settlement in three ways, the direct payment method, where you pay the lawyer directly after winning your case, the structured settlement method, in which you make a regular payment, and the no-win no-fee method, wherein the fee you pay is a one-time . It would be $9,500. Variable products and mutual funds are underwritten and distributed by Transamerica Capital, Inc., and/or distributed by Transamerica Investors Securities Corporation, each a broker-dealer and member of FINRA. We look forward to hearing from you. Here you will find everything you need to manage your retirement plan account. Copyright 2011 document.write(new Date().getFullYear()); Transamerica Corporation. Securities offered by Transamerica Investors Securities Corporation (TISC), All Rights Reserved. FINRA identified the concerns included in the settlement during a FINRA cycle . Suite 3200 Then click on the link that best describes you. Take two minutes to explore the four options typically available to you. Transamerica Settles Universal Life Litigation | Transamerica The SECs investigation was conducted by David Benson, Anne Graber Blazek, and Paul Montoya of the Enforcement DivisionsAsset Management Unit in the Chicago Regional Office, and Michael Cohn of the Asset Management Unit in the New York Regional Office. This settlement in Thompson v. The money will be divided up between roughly 24,000 people based on how long they invested in the funds and how much money they had invested. We've got you covered! Transamerica Series Trust is registered with the Commission as an open-end management investment company and is organized as a Delaware statutory trust headquartered in administrator or law firm. Transamerica settles dispute over retirement plan for $5.4M This website uses cookies to improve your experience while you navigate through the website. 2023 Transamerica Corporation. Transamerica Names Oriana Freidenberg to Lead Customer Experience and Marketing for Life Insurance and Annuities, Transamerica to Provide Services for Smarts Innovative Choice PEP, Transamerica Reveals Workplace Benefits Forecast for 2026, Transamerica Bolsters Group Term Life Insurance Policies with Employee Assistance, Travel, and Identity Theft Services, Transamerica and Cetera Financial Group Debut New Group Retirement Plan Solution, Transamerica Elevates Employee Benefits Experience Through Automation and Predictive Analytics, Transamerica Reduces Fees on Floating Rate Fund, Transamerica Expands Hospital Indemnity Insurance Offered for Workplace Benefits, Steve Chipman Is Appointed President of Transamerica Financial Advisors, Transamerica Unveils Financial Choice IUL, Transamerica Applauds the Passage of the SECURE 2.0 Act of 2022, Transamerica Appoints Todd Buchanan President of World Financial Group and Head of Transamerica Financial Advisors, Transamerica Recognized for Supporting an Inclusive Workplace, Transamerica Introduces Workplace Universal Life Insurance Designed to Sustain Families Through Life and Death, New Transamerica Program Aids Small Businesses in Employee Retirement and Health Savings, Transamerica Once Again Honored as Top Company for Working Parents, Transamerica, Smart, and Finhabits Team Up to Help Expand Retirement Plan Coverage for Underserved Businesses and Their Employees, Transamerica, Smart y Finhabits se unen para ayudar a expandir la cobertura del plan de jubilacin para empresas desatendidas y sus empleados, Transamerica Appoints Maurice Perkins as Chief Corporate Affairs Officer, TFA Representatives Recognized by Forbes as America's Top Financial Security Professionals, Transamerica Enhances Coverage Within Its Workplace Supplemental Health Benefits Suite, Transamerica Structured Index Advantage Annuity Offers Investors More Certainty with Upside Growth and Downside Protection, Transamerica Introduces Workplace Emergency Savings Accounts, Transamerica Expands Employee Benefits Suite with Integrated Disability Insurance and Absence Management Solution, Transamerica Transforms Annuity and Life Insurance Solutions with Addition of Liza Tyler and Andrew DeMarco, Transamerica Appoints Phil Eckman as President of Workplace Solutions, Transamerica, FuturePlan by Ascensus, and Natixis Investment Managers Debut Group Plan Solution with Focus on ESG Investments, Transamerica Appoints Jamie Ohl as President of Individual Solutions, Transamerica Plans to Close and Liquidate Five Exchange-Traded Funds, Transamerica Bolsters Pooled Retirement Plan Offerings with the Acquisition of TAG Resources, LLC, Transamerica Taps Jonathan Cressman to Head Annuity Sales for Individual Solutions, Transamerica Earns Perfect Score on Corporate Equality Index, Nicole Malachowski is the 2022 Keynote Speaker at TFA Exchange, Transamerica Debuts Value-Focused Retirement Plan Solution for Small Employers, Transamerica Selects Wendy Boyd to Lead Life Insurance Distribution, Transamerica Supports Financial Dignity, Inclusion with Donation to Operation HOPE, Transamerica Selected as Recordkeeper for Franklin Templeton Retirement Group Plan Solution, Transamerica and FuturePlan Expand Retirement Plan Access with Innovative New Pooled Plan Solution, Transamericas Research Finds Retirement Plan Participants Embrace Virtual Education, Transamerica Debuts Employer-Funded Health Reimbursement Accounts, New Transamerica Initiative Supports Small Business Efforts to Recruit and Retain Employees, Transamerica Appoints David Curry as Chief Distribution Officer for Individual Solutions, Transamerica Appoints Chris Giovanni as Chief Strategy and Development Officer, Transamerica Expands Availability of Stable Value Option, Transamerica Named to "100 Best Companies" List for Third Year in a Row, Transamerica Launches New Retirement Plan Exchange Featuring UBS Retirement Plan Manager, Transamerica Expands Mutual Fund Lineup for Retirement Investors with Five R6 Shares, Transamerica Expands Employee Benefits Offerings With New Group Life, Disability Solutions, Transamerica Celebrates 2021 PSCA Awards With Retirement Plan Sponsors, Transamerica Sells its Corporate Venture Portfolio to Montana Capital Partners, Transamerica Enhances Voluntary Workplace Benefits With ClaimsMinder, Transamerica's Client Management Team Receives Praise From Retirement Plan Sponsors for Superior Service and Support, Transamerica Receives Three 2021 Refinitiv Lipper Fund Awards, Aegon Appoints Will Fuller as President and CEO of Transamerica, Transamerica Introduces Annuity Rider With Guaranteed Protection, Transamerica Survey Finds Higher Education Institutions Turn to Their Retirement Plan service Provider to Help Address Unprecedented Challenges, Transamerica Celebrates Women's History Month With Campaign to Help Financial Professionals Better Serve Women Clients, Transamerica Enhances Customer Experience With Remote Online Notary Services, Transamerica Receives Highest Score for Workplace Equality, Transamerica and Aegon Asset Management Introduce "Transamerica DB Complete", Transamerica Grows Retirement Plan Business With Newly Created Pooled Employer Plans, Transamerica White Paper Shines Light on Traditional and New Pooled Employer Plans for Retirement, Transamerica Announces Student Loan Repayment Program to Help Employers Assist With Employees' Debt, Transamerica Announces New Small Business Initiative to Support Retirement Plan Participants, Sponsors and Third Party Administrators, Transamerica Launches Two Responsible Investing Bond Funds, Transamerica Named to Working Mother's "100 Best Companies" List for Second Consecutive Year, Transamerica Announces Fee Reductions on 26 Fund Share Classes, Transamerica Named to Diversity Best Practices Inclusion Index for Third Consecutive Year, Transamerica Supports Derecho Recovery Efforts in Cedar Rapids, Transamerica Congratulates PGA TOUR's Payne Stewart Award Winner Zach Johnson, Transamerica Offers New Funeral Planning Benefit for Index Universal Life Policies, Transamerica Bolsters Workplace Benefits With a Suite of Health Savings and Spending Accounts, Photographer David Freese Reveals the Mississippi River's Complicated Past, Present, and Future, Transamerica Expands Financial Education Program for Retirement Plan Participants With Online Financial Wellness Center, Transamerica Debuts a New Low-Cost Variable Annuity, Transamerica Announces Comprehensive CARES Act Customer Support Initiative, Including Distribution Fee Waiver for Coronavirus-Impacted Retirement Plan Participants, Transamerica Settles Universal Life Litigation, Transamerica Supports Organizations Providing Critical Pandemic Assistance, Transamerica Receives Five 2020 Refinitiv Lipper Fund Awards, Transamerica Launches New Stable Value Solution for 403(b) Retirement Plans, Transamerica Earns Perfect Score on 2020 Corporate Equality Index, Transamerica Launches New Emerging Markets Fund, Transamerica Announces Fee Reductions on High Yield Bond Funds, Transamerica Celebrates Passage of SECURE Act, Transamerica and MIT AgeLab Spotlight the Prevalence of Caregiving, Need for New Conversations, Working Mother Names Transamerica on "100 Best Companies" List in 2019, Transamerica Sponsors CycleNation Fundraiser in Denver Supporting American Heart Association, Transamerica Reduces Fees for Multiple Investments, Helping to Maximize Overall Value for Customers, Transamerica Named to 2019 Diversity Best Practices Inclusion Index, Transamerica Employees Volunteer to Help Build Homes With Habitat for Humanity of Metro Denver, Transamerica Supports American Heart Association, Hosts CycleNation Fundraiser in Cedar Rapids, Transamerica to Participate in Inaugural Corridor Corporate Games in Cedar Rapids, Transamerica Designated as a Best Place to Work for LGBTQ Equality, Receives Perfect Score From Human Rights Campaign, Transamerica and Annexus Launch Enhanced Suite of Fixed Index Annuities, Transamerica Announces Agreement With LTCG for Administration of Long Term Care Insurance, Transamerica Reopens International Small Cap Value Fund, Transamerica Opens a New State-of-the-Art Lab Created to Continually Evolve its Business-Building Platform Through Agent Input, Transamerica Wins DALBAR Annuity Service Award, Recognized for Best-in-Class Customer Service, Transamerica Enhances Retirement Website for Spanish-Speaking Participants, Transamerica Unveils New Suite of Tools to Help Patients and Financial Professionals Navigate Family Finances Following a Cancer Diagnosis, Transamerica Releases Findings on Workplace Wellness Programs, Transamerica Recognized for Best Practices in Diversity and Inclusion, Transamerica Intermediate Muni Fund Wins 2018 Thomson Reuters Lipper Fund Award, Transamerica Connects Wealth + Health to Help Customers Pursue a More Rewarding Life, Transamerica Adjusts its Retirement Income Max Living Benefit to Provide Industry Leading Growth Rate, Transamerica Aligns Workplace Customer Experience for Healthcare Clients, Transamerica Partners With Tata Consultancy Services to Transform its Insurance and Annuities Administration, Transamerica Survey Finds Healthcare Organizations Seek to Bolster Retirement Plan Participation, Transamerica Survey Reveals Higher Education Institutions are Evolving Toward Corporate Models for Retirement Plan Benefits, Transamerica Earns 100 Percent on Human Rights Campaign Foundation's 16th Annual Scorecard on LGBTQ Workplace Equality, Transamerica Adjusts its Income Edge Living Benefit, Lowering Fees and Accelerating Time to Payout, Transamerica Partners With Sage Advisory Services to Offer New Cash Balance Retirement Plans, Transamerica's New "Provider Select" Supplemental Insurance Policy Offers Twice the Cash Benefits for Hospital Care at Designated Facilities, Transamerica Launches First-of-its-Kind Voice Biometrics and Natural Language Understanding to Increase Security and Enhance Customer Experience, Aegon Asset Management US Closes 51st Fund Offering, Transamerica Offers Customers Upside Growth Opportunities Combined With Principal Protection and Guaranteed Lifetime Income, Transamerica Announces I-Share Fee-Based Variable Annuity, Transamerica Offers Increased Flexibility to Baby Boomers and Generation X in Planning for Retirement, Transamerica Offers Employers New Option to Enroll Employees in Voluntary Benefits With Maxwell Health Marketplace, New Survey Shows Investors Identify Health as Key Component to Their Financial Planning and Security, Transamerica Expands Use of Multiple Employer Retirement Plans to Private Colleges and Universities, Transamerica Offers Strategies to Help Defined Benefit Plan Sponsors Mitigate Costs and Risks, Transamerica Partners With Habitat for Humanity to Help Families Build Affordable Housing, Transamerica Earns InformationWeek's "Elite 100" Status for Technology Innovation, Transamerica and AHA Partner to Promote Health & Wellness as Essential to Financial Security, Transamerica Intermediate Muni Fund Wins 2016 Thomson Reuters Lipper Fund Award, Transamerica Launches Smart Beta Investment Options Powered by BlackRock's iShares ETFs, Transamerica Retirement Solutions' Survey Shows Higher Education Institutions Turning to Plan Advisors to Better Compete and Improve Employee Retirement Readiness, Key Findings of "Prescience" Survey Point to Increases in Auto Enroll, Default Contribution Rates and Use of Mobile Technology by Retirement Providers, Aegon Asset Management Expands U.S. Distribution, Transamerica Launches FastTrack Retirement Offering for Smaller Companies, Transamerica to Sell Division of Broker Dealer Unit to John Hancock, Aegon Acquires Mercer's US Defined Contribution Record-Keeping Business, Transamerica Supports Two Athletes in the 2015 Special Olympics World Games, Transamerica Together With Merrill Lynch Launch a Workplace Retirement Solution for Not-for-Profits, New Guide Helps Caregivers Design Financial Plan for Loved Ones Living With Alzheimer's Disease or Other Types of Dementia, 505 Sansome Receives Coveted Leed Platinum Certification, Transamerica Offers Employers New Option to Enroll Employees in Voluntary Benefits With Benefitfocus Marketplace, Higher Education Institutions Implementing Changes to Improve Retirement Readiness of Employees, Symposium to Explore Impact of Alzheimer's Disease and Dementia on Financial Planning, Transamerica to Rebrand Insurance Companies in 2014, Transamerica Retirement Solutions Receives Top Performer Rankings, Delivers Strong Results in Plan Sponsor Satisfaction, The Retirement Readiness Imperative: Overcoming Challenges Faced by Small Companies, TCRS Celebrates 10-Year Anniversary, Expands to Create the Transamerica Institute, Transamerica Commits to Research Collaboration With AgeLab, Transamerica Retirement Solutions Announces Retirement Plan Exchange to Enhance Retirement Readiness of Small Business Employees, Group Supplemental Health + Disability Insurance, Transamerica Structured Index Advantage Annuity, Florida Mental Health Coverage Parity Laws, Massachusetts Mental Health Coverage Grandfathered Major Medical Plans ONLY, Do Not Sell or Share My Personal Information. In addition to these allegations, it is also Read More, Chipotle Consumers Entitled To Award After Settlement Resolves Misrepresentations Regarding Delivery, Service Fees Chipotle App or Website users may be entitled to a cash award after a settlement was reached with the company regarding misrepresentations of delivery fees, service fees, and prices on delivery orders. Reaches $5.4 M Settlement With Employees Over Alleged Retirement Fund Mismanagement, $195 million settlement with Transamerica, $1.8M Settlement in 401(k) Class Action Lawsuit Lodged Against Engineering Co, Navy Defense Contractor Serco To Pay $1.2M in 401(k) Fee Class Action Lawsuit, Costco Scares Away Employees From Accessing Health Insurance Benefits With False Threats, Class Action Lawsuit Claims, IBM 401(k) Plan $4.75M Class Action Settlement, Cell phone wrong-number robocalls could be worth $500-$1,500 per violation of the federal TCPA, Patients who received faulty Exactech knee and hip devices can seek compensation.