The U.S. Securities and Exchange Commission (SEC) reached a settlement with Transamerica Retirement Advisors, LLC to resolve a matter related to conflicts of interest disclosures. Transamerica Retirement Advisors (TRA) has cooperated with the SEC to resolve the matter.

The settlement order (Order) provides that from June 1, 2017, through February 1, 2022 (the “Relevant Period”), TRA failed to disclose conflicts of interest relating to how it compensated its advisors. The SEC investigation focused on conflicts of interest created when compensation was paid to Transamerica Retirement Plan Consultants (RPCs) when they referred participants and other individuals to a financial advisor in the Transamerica Advice Center (TAC).

On January 17, 2025, the SEC issued a settlement Order. As part of the settlement, TRA has agreed to pay out a civil monetary penalty of $2.9 million, which will be distributed to the impacted clients.

This settlement concludes the SEC’s proceedings related to this matter.

This website is meant to provide information to affected investors pertaining to the TRA Fair Fund. You may navigate to each of the following pages by using the links below, or the tabs above:

FAQ (Frequently Asked Questions)

Answers to the most “Frequently Asked Questions” regarding the settlement and Fair Fund distribution.

LINKS & DOCUMENTS

This page contains links to various documents that may assist affected investors in their understanding of the settlement and Fair Fund distribution.

TAX INFORMATION PAGE

Tax information for Fair Fund distribution payments. As always, you should consult with your financial advisor or tax professional to determine the appropriate tax treatment for your situation.

CONTACT US

Contact information for the Administrator of the TRA Fair Fund distribution.