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Transamerica Retirement Services Names New Western Regional VP

    
LOS ANGELES, CA, September 27, 2010 – Transamerica Retirement Services has announced the promotion of Tim Allen to regional vice president in its Western Region. He will be responsible for all sales activities and distribution in the coastal region north of San Francisco, the Bay Area Peninsula and the Salinas Valley. Mr. Allen will be based in San Mateo, CA and will report to Michael Wannell, Transamerica's divisional vice president for the Western Region.

"As a Bay Area native and valued Transamerica team member, we are thrilled to have Tim lead sales and distribution efforts in these key markets," said Jason Crane, national sales director for Transamerica Retirement Services. "His accomplishments and commitment in managing multiple territories, and dedication to the training and education of financial advisors made him the perfect choice to continue our success in the Bay Area."

Mr. Allen has served the past three years as a market development specialist for Transamerica in Colorado, where he developed education and training opportunities for financial advisors. He previously served as a vice president of advisory services for Mutual Asset Management.

Mr. Allen received his Bachelor of Science in managerial economics from University of California, Davis. He is an Accredited Retirement Plan Consultant and Accredited Investment Fiduciary and holds FINRA Series 6 and 63 licenses and a California Life and Health Insurance License.

About Transamerica Retirement Services

Transamerica Retirement Services ("Transamerica"), a marketing unit of Transamerica Financial Life Insurance Company, 440 Mamaroneck Avenue, Harrison, New York 10528, and other of its affiliates, designs customized retirement plan solutions to meet the unique needs of small- to mid-sized businesses. Transamerica Retirement has more than 15,5001 retirement plans totaling more than $16.5 billion1 in assets. For more information about Transamerica, please refer to www.TA-Retirement.com.

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