Transamerica hires industry veteran in bid to become leading life insurance, retirement firm

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.

EMPLOYER FINANCIAL WELLNESS

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.”