Transamerica Retirement Services Ranked as the Top Provider Website for Plan Sponsors - Insurance News | InsuranceNewsNet

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June 21, 2011 Newswires
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Transamerica Retirement Services Ranked as the Top Provider Website for Plan Sponsors

Transamerica’s plan sponsor website bests industry peers in all four of DALBAR’s Defined Contribution WebMonitor 2010 quarterly Analyses

LOS ANGELES--(BUSINESS WIRE)-- Transamerica Retirement Services’ plan sponsor website outperformed all other retirement plan provider websites, and was the only retirement plan provider out of 42 rated to earn the “Excellent” designation every quarter in 2010 by DALBAR’s Defined Contribution WebMonitor program. Transamerica also earned the “Excellent” designation for its plan participant website each quarter in 2010, out of 45 rated. Additionally, Transamerica’s website, www.TA-Retirement.com, has been awarded DALBAR’s Seal of Excellence for seven consecutive years.

“Transamerica is dedicated to leveraging technology to help our plan sponsors and participants get the most out of their retirement plans,” said Stig Nybo, president of Transamerica Retirement Services. “We are honored that DALBAR has ranked our plan sponsor website as the industry leader for more than a year. These exceptional results demonstrate Transamerica’s commitment to providing information and service in the most accessible and effective way possible to our clients and their employees.”

Additionally, DALBAR’s 2010 fourth quarter report highlighted Transamerica’s Total Plan Management program. The program brings together three vital aspects of retirement plan fundamentals—education, fiduciary support tools, and plan management— to help sponsors in the small- and mid-sized markets assess and identify specific plan needs, set goals and take action to enhance their plan’s overall success.

For plan participants, DALBAR recognized the TRS Mobile Enroller as a best practice for enrollment. Using the TRS Mobile Enroller Application, employees can quickly and securely join their plan and begin saving for retirement during their enrollment meetings, further helping plan sponsors to increase enrollment rates. DALBAR also recognized Transamerica’s mobile account access capabilities, indicating it was a best practice for account details.

Each quarter, DALBAR identifies and recognizes industry-leading websites that achieve a top-ten ranking. Websites are scored on results from DALBAR website evaluations, and points are given for achievement in set criteria within the following five categories: functionality, usability, behavior centric attributes, content currency and consistency.

About DALBAR

DALBAR, Inc. is the financial community's leading independent expert for evaluating, auditing and rating business practices, customer performance, product quality and service. DALBAR has earned the recognition for consistent and unbiased evaluations of investment companies, registered investment advisers, insurance companies, broker/dealers, retirement plan providers and financial professionals.

About Transamerica Retirement Services Corp.

Transamerica Retirement Services Corp. (“Transamerica” or “Transamerica Retirement Services”), which is headquartered in Los Angeles, CA, designs customized retirement plan solutions to meet the unique needs of small- to mid-sized businesses. Transamerica and its affiliates have more than 15,5001 retirement plans totaling more than $19.5 billion1 in assets. For more information about Transamerica, please refer to www.TA-Retirement.com.

1As of December 31, 2010.

TRSC 6071-0511

Transamerica Retirement ServicesRebecca Andreassen,415-222-9944
[email protected]
orChristie Jackson,323-857-9100
[email protected]

Source: Transamerica Retirement Services Corp.

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