Products November 20, 2009

Transamerica Introduces New Mutual Fund Platform

Transamerica Retirement Services has introduced a new mutual fund platform for retirement plans that includes target-maturity funds from three fund families, and has no proprietary fund requirements.

Reported by

The new mutual fund platform gives financial advisers and plan sponsors the flexibility to work with a third-party administrator (TPA), or receive bundled, full-service capabilities from Transamerica, according to the firm.

The key features of the new platform include:

  • 300 funds;
  • multi-manager investment approach including 35 fund families;
  • target-maturity funds from The Vanguard Group, American Century Investments, and T. Rowe Price;
  • multiple stable value funds;
  • competitive pricing structure;
  • availability starting at a minimum of $1 million; and
  • fiduciary warranty offering additional protection to plan sponsors, with guidelines for helping sponsors develop an investment lineup.

«