Core Insights - EXL is hosting the "AI in Action Americas" virtual event on March 11, 2026, featuring leaders from major companies like Google, Databricks, and CNBC, focusing on innovations in agentic AI for enterprises [1][2] Event Details - The event will take place from 10-11 a.m. EDT and aims to provide practical insights on how advanced AI systems are transforming data, intelligence, and workflows for scalable business outcomes [1][2] - Registration is open for sessions across different regions: Americas on March 11, EMEA on March 18, and APAC on March 24 [2] Speaker Lineup and Topics - Vishal Chhibbar from EXL emphasized the shift from potential to performance in AI, highlighting the integration of AI into core enterprise operations to drive innovation and growth [3] - Keynote speakers include EXL's CEO Rohit Kapoor and Jon McNeill, discussing the transformative impact of agentic AI on industries and strategies for embedding AI into operations [5] - A solutions spotlight will feature EXL's chief data and AI officer, showcasing how new EXL solutions are making AI applicable for businesses [5] Additional Sessions - A fireside chat moderated by Guy Adami will focus on operationalizing AI at scale and integrating agentic capabilities into core systems, featuring experts from Google, EXL, and other companies [5] - Another session will explore modernizing data foundations for agentic AI, moderated by Kathleen Wiener from EXL, with participation from leaders at Databricks, Transamerica, and Wolters Kluwer [5] Company Overview - EXL is a global data and AI company founded in 1999, providing services to transform business models and drive growth across various industries, including insurance, healthcare, and banking [4][6] - The company employs approximately 63,000 people worldwide and is headquartered in New York [6]

Core Insights - Aegon's 2025 results reflect the effectiveness of its strategy, achieving or surpassing all financial targets set during the 2023 Capital Markets Day [3] - The company generated EUR 1.3 billion in operating capital, exceeding its EUR 1.2 billion target, and reported EUR 829 million in free cash flow, aligning with its target of approximately EUR 800 million for 2025 [4][6] Financial Performance - Aegon reported a full-year IFRS operating result of EUR 1.7 billion, marking a 15% increase compared to 2024 [4] - The net result for 2025 was EUR 980 million, a 45% increase from 2024, while the net result for the second half of 2025 was EUR 375 million, down from EUR 741 million in the second half of 2024 [7] - The operating result for the second half of 2025 was EUR 858 million, an 11% increase from the second half of 2024, driven by growth across all business units [7] Capital Management - Aegon returned EUR 1.1 billion to shareholders through dividends and share buybacks in 2025 [6] - A proposed final dividend of 21 eurocents per share for 2025 represents an 11% increase compared to the final dividend of 2024, meeting the target of EUR 0.40 for the full year [6][7] Business Unit Performance - Transamerica's distribution network expanded to over 95,000 licensed agents, achieving a record 30% increase in individual new life sales in 2025 compared to 2024 [5] - The asset management business generated EUR 1.0 billion in net third-party inflows in 2025, while the UK Workplace Platform saw GBP 2.4 billion in net inflows [5] Strategic Focus - Aegon is focused on executing plans outlined at the 2025 Capital Markets Day, including relocating its head office and legal seat to the US [7]

Key Takeaways The median retirement balance for middle-income workers in their 50s is $112,000, according to Transamerica. Most Americans in their 50s fall well below Fidelity’s suggested target of a 401(k) balance of at least six times salary. Your 50s are prime catch-up years with higher contribution limits. Your 50s are often considered the most important decade for retirement savings. Income is usually at its highest, kids are typically grown, and mortgages are coming off, allowing you to put ...

Core Insights - Fidelity's analysis indicates that the average balance of individual retirement accounts (IRAs) reached a record $137,902 in Q3 2025, with Gen X savers averaging $120,273, although the median balance for middle-income Americans in their 50s is only about $112,000 [1][5] Group 1: IRA Balances by Age - For individuals aged 50 to 54, the average IRA balance is $199,900, while for those aged 55 to 59, it is $244,900 [2] - The average IRA balance for Americans in their 50s ranges from approximately $120,000 to $245,000, but many individuals have significantly lower amounts [5] Group 2: Disparities in Balances - Averages can be misleading; for Americans aged 55 to 64, the average balance is $271,320, but the median is only $95,642, indicating a significant disparity [3] - The median balances provide a clearer picture, as a few individuals with large accounts skew the average upward [5] Group 3: Factors Influencing Savings - Income plays a crucial role in retirement savings, with top-income households saving around $6,862 annually in tax-deferred accounts, compared to just $300 for lower-income households [6] - Approximately 59% of traditional IRA-owning households have accounts with money rolled over from previous employers' 401(k) plans, with median balances of $180,000 for those with rollovers versus $50,000 for those without [7] - Life expenses such as home down payments, college tuition, and caring for aging parents can limit retirement contributions, particularly in the 50s when these costs peak [8] Group 4: Savings Recommendations - Financial advisors recommend saving about six times one's annual salary by age 50 across all retirement accounts, increasing to eight times by age 55 [9]

Core Insights - Transamerica is expanding its ETF lineup with the launch of two actively managed funds: the Transamerica Large Value Active ETF (TALV) and the Transamerica Bond Active ETF (TABD) to enhance accessibility of its long-standing strategies for modern investors [1] Group 1: Transamerica Large Value Active ETF (TALV) - TALV aims for long-term capital appreciation by investing in a diversified portfolio of large-cap companies that are considered undervalued and positioned for potential price appreciation [2] - The strategy focuses on established firms with solid fundamentals that may be trading below their intrinsic value, featuring a capped net expense ratio of 0.49% compared to a gross expense ratio of 0.76% [3] Group 2: Transamerica Bond Active ETF (TABD) - TABD is designed to deliver total return through a combination of current income and capital appreciation, investing at least 80% of its net assets in fixed income securities across multiple sectors under normal market conditions [4] - The ETF has a capped expense ratio of 0.39% with a gross expense ratio of 0.57%, aiming to provide diversified bond exposure while keeping costs low [4] Group 3: Management and Strategy - Both ETFs leverage established subadvisory relationships, with TALV being sub-advised by Great Lakes Advisors' large value team and TABD overseen by Aegon Asset Management's multisector fixed income team, ensuring access to experienced managers and disciplined investment processes [5]

Core Insights - Many individuals in their 30s are actively saving for retirement despite economic fluctuations, highlighting the importance of this decade for financial planning [2][8] Retirement Savings Trends - The average 401(k) balance for individuals in their 30s in 2025 is projected to range from approximately $74,000 to $103,000, with median balances between $22,000 and $40,000, indicating that most savers are still in the early stages of building their retirement funds [3][4] - On average, individuals in their 30s contribute about 11% to 13% of their income to retirement accounts, which is below the recommended target of 15% [4][8] Importance of the 30s for Financial Growth - The 30s are a critical period for financial growth, as income typically increases, and early savings can significantly benefit from compounding returns by retirement age [5][6] - Financial experts suggest that saving a portion of any raises received can lead to a higher savings rate, potentially reaching 20% to 30% by the time individuals reach their 40s [7] Comparative Analysis - Recent data indicates that millennials (ages 28 to 43) have an average 401(k) balance of $74,800, reflecting an increase from earlier in the year, while median balances for younger workers (ages 25 to 34) are reported at $16,255 and for those aged 35 to 44 at $39,958 [8] - The Transamerica Center for Retirement Studies found that middle-class households (earning between $50,000 and $199,000) have a median of $65,000 saved in retirement accounts [8]

Core Viewpoint - Dutch insurer Aegon is relocating its headquarters and legal domicile to the US to focus on life insurance and retirement operations, with plans to adopt US GAAP for financial reporting starting in 2027 [1][2] Group 1: Relocation and Rebranding - Aegon will stop issuing trading updates from 2026 to 2027, providing only half-year reports during this period [2] - The relocation is set to be completed by January 1, 2028, with the holding company rebranded as Transamerica, while existing business units will retain their branding [2] Group 2: Shareholder Approval and Business Strategy - Aegon plans to hold a shareholder meeting in Q4 2026 to secure approval for the legal domicile move to the US [3] - The company intends to reinsure 30% of its secondary guarantee universal life contracts, increasing the total covered to 80% of the overall portfolio [3] Group 3: Financial Impact and Investments - Unwinding financing structures will introduce tax limitations and realized losses, affecting the risk-based capital (RBC) ratio [4] - Aegon plans an $800 million investment into Transamerica to offset the RBC impact and support annual operating capital generation of $75 million [4] Group 4: Sales Growth Targets - Transamerica aims to increase total life sales through its affiliated network, World Financial Group (WFG), by 14% annually, targeting approximately $900 million [5] - WFG's annual annuity sales are projected to grow by 7% per year, reaching around $5 billion by 2027 [5] - The Protection Solution business aims for a 15% annual increase in life sales, targeting roughly $720 million by 2027 [5] Group 5: Shareholder Returns and Operating Results - Aegon announced a €400 million share buyback program to enhance shareholder returns, scheduled to begin in January 2026 [6] - Operating results are forecasted to rise by approximately 5% annually from €1.5 billion to €1.7 billion between 2025 and 2027, primarily driven by US strategic assets [6]

Core Viewpoint - Aegon is relocating its headquarters from the Netherlands to the U.S. and rebranding as Transamerica to enhance its position in the U.S. life insurance market [1] Group 1: Company Strategy - The relocation and rebranding are part of Aegon's ambition to become a leading player in the U.S. life insurance and retirement sectors [1]

Core Viewpoint - Aegon is transitioning its head office and legal seat to the United States, aiming to become a leading US life insurance and retirement group by January 1, 2028 [1][2][6] Group 1: Transition Plans - Aegon Ltd. will be renamed Transamerica Inc. after the re-domiciliation process, while business units will retain their current brands [2] - An Extraordinary General Meeting is planned for Q4 2026 to seek shareholder approval for the relocation [3] - The transition is expected to incur a one-time implementation cost of approximately €350 million between H2 2025 and H1 2028 [4] Group 2: Strategic Focus - The company aims to prioritize resources to build a leading franchise in the US life insurance market, which is the largest globally [6][7] - Transamerica currently represents around 70% of Aegon's operations, targeting underserved segments such as Main Street American families and medium-sized companies [6] Group 3: Financial Adjustments - Aegon has chosen to reinsure a block of Secondary Guarantee Universal Life (SGUL) contracts, covering 30% of the face value of its SGUL business, which reduces total capital employed by $0.3 billion to $2.7 billion [7][8] - This transaction is expected to have minimal impact on the company's IFRS valuation equity and operating profit while mitigating future risks associated with mortality and policyholder behavior [9]

Aegon confirms that it will move its headquarters to the US and rename itself Transamerica https://t.co/BaqHZeM1RZ ...