An industry veteran has been hired to lead the Inforce Management & Client Engagement team in the Transamerica retirement business.
Gregg Holgate now heads up the part of the business that ensures recordkeeping clients get the most benefit from the firm’s solutions and also the Transamerica Advice Centre which works with plan participants to protect and maximize their retirement income.
Holgate was previously with Lincoln Financial Group leading institutional retirement distribution and has also held roles at Voya Financial and ING during his quarter century in the financial services industry. As well as being an industry veteran he is a military veteran.
He will report to Jamie Ohl, president of Protection Solutions and Savings & Investments at Transamerica.
“Gregg’s experience and expertise leading people and driving results will further enhance Transamerica’s ability to deliver superior service to clients,” said Ohl. “We have more than 24,000 retirement plan sponsor clients, and I am confident they will benefit from Gregg’s proven ability to understand and tailor solutions to their specific needs.”
Recently, Transamerica Center for Retirement Studies in collaboration with Transamerica Institute polled 5,730 workers across the four main adult generations to determine their retirement preparedness and how they are using workplace plans to plan for their future. The report highlighted some worrying statistics.
And earlier this month, Transamerica released its latest report from the Prescience 2026 Council, highlighting critical trends in employer-provided financial wellness programs and their impact on retirement.
Among the highlights are that 47% of employers are predicted to offer a comprehensive financial wellness program by the end of 2026 with 34% of the Council expecting the cost to be absorbed by employers.
Although the ROI of these programs can be challenging to calculate more than two thirds of panelists believe that employers that pay a fee will expect a financial return on investment.
"Our latest Prescience 2026 report sheds light on the evolving landscape of financial wellness programs,” said Laura Gaynor, Transamerica’s defined contribution practice leader. “As employers seek innovative ways to support their employees' financial well-being, these insights offer a potential roadmap.”
IRAs now hold nearly twice the assets of 401(k) plans — and most of that money didn't arrive through annual contributions.
A new survey finds that many women prioritize financial security but continue to leave savings in accounts that may not keep pace with inflation.
Roundhill, Bitwise and GraniteShares funds remain on hold while the agency weighs how novel ETFs should be regulated.
"Shares of alternative assets managers have lagged this year as investors grow wary of private-credit exposure."
The fintech platform is touting a new AI-free Planning Observations feature, which draws on IRS tax records to uncover opportunities for advisors.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
