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Transamerica Rolls Out Fund Platform For Retirement Units

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A new retirement plan mutual fund platform can give sponsors with a minimum of $1 million in plan assets access to 300 funds from 35 families.

Transamerica Retirement Services, Los Angeles, an arm of AEGON N.V., The Hague Netherlands, says the investment menu will come with no proprietary fund requirements.

The menu, which includes target date funds, stable value funds, and access to a fiduciary warranty, is tailored to meet the needs of plan sponsors in the small and mid-sized markets, Transamerica says.

Sponsors can choose whether to work with independent “third party” administrators or get services from Transamerica.