SecurePath by Transamerica

Transamerica Launches New Business Division and Consumer Retirement Service, SecurePath^SM by Transamerica

SecurePath by Transamerica from Transamerica Retirement Management, Inc., offers pre-retirees resources for both financial and non-financial aspects of retirement transition

SAINT PAUL - OCTOBER 30, 2007 - Transamerica Life Insurance Company, an AEGON company, launched a new business, Transamerica Retirement Management, Inc. This new division, which is being promoted to consumers as SecurePath by Transamerica, addresses the growing need of pre-retirees to secure income through retirement as well as the multitude of non-financial issues involved with retirement transition.

In recent years, an emerging trend among broad-based financial services companies has been to target pre-retirement boomers by slightly shifting current offerings. By contrast, Transamerica Life Insurance Company and its affiliated AEGON companies built a completely separate division outside its core business and created a unique platform to address consumers' increasing anxiety around asset decumulation.

Specifically, the new division was designed to help create meaningful retirement strategies for pre-retirement consumers and their employers. The SecurePath by Transamerica service provides employees on the verge of retirement with the guidance, tools and resources to help turn accumulated retirement assets into a lifetime income stream. The service also fills the gap for defined-contribution plan and defined-benefit plan sponsors looking for a comprehensive retirement transition resource that helps their employees "see around the corner" into the financial and many of the non-financial aspects of this critical transition.

As part of the service, clients receive access to a team of Transition Consultants - Investment Advisor Representatives with InterSecurities, Inc., a Registered Investment Advisor and AEGON company. Transition Consultants offer educational tools, guidance, advice, strategies and products to help guide pre-retirees in managing their retirement savings without the use of pre-set investments or retirement planning services.

"Baby boomers are quickly realizing that retirement planning doesn't stop once you reach age 65 - in many ways, it begins again, yet in another form. While they have spent years building up retirement savings, they suddenly find they are unsure about how to utilize the resulting assets to fund their new, active lifestyle," said Phil Eckman, chief executive officer of Transamerica Retirement Management, Inc. "Our new division, along with our Transition Consultants, will help corporate plan sponsors guide boomers through the biggest challenge in retiring - ensuring assets last throughout retirement."

About Transamerica Retirement Management, Inc. and SecurePath^SM By Transamerica.
Headquartered in St. Paul, Minn., Transamerica Retirement Management, Inc. is a marketing affiliate of Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company. Securities and Investment Advisory Services are offered through InterSecurities, Inc., Member FINRA, SIPC and Registered Investment Advisor. InterSecurities, Inc. is not a licensed insurance entity and insurance products are offered only through its licensed insurance agency, InterSecurities Insurance Agency, Inc., a licensed insurance agency in most states, or agents associated with InterSecurities, Inc. All companies named herein are AEGON companies. SecurePath by Transamerica is a protected service mark of Transamerica Life Insurance Company. For additional information, visit www.securepathbytransamerica.com.

Back