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Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.
Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.
Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.
With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.
For more information about Voya Financial, Inc., visit voya.com.
Voya Financial, Inc. (NYSE: VOYA) has been appointed as the recordkeeper and service provider for the Archdiocese of Boston's 401(k) Retirement Savings Plan, which manages approximately
Voya Financial (NYSE: VOYA) will host a webcast and conference call on its financial results for Q4 and the full year of 2022 on February 8, 2023, from 10 a.m. to 11 a.m. ET. A press release detailing financial results will be issued after market close on February 7, 2023. The webcast will be accessible on Voya's investor relations website, along with supporting documents such as an investor supplement and analyst presentation. Voya is recognized for its commitment to ethical business practices and serves approximately 14.3 million clients.
On Dec. 29, 2022, Voya Financial, Inc. (NYSE: VOYA) declared a quarterly dividend of $0.20 per share on its common stock. Following this, the exercise price of the Warrants has been adjusted from $47.07 to $46.94 per share, effective Dec. 30, 2022. Additionally, the number of shares each Warrant can purchase has been adjusted to 1.038661602. Voya serves approximately 14.3 million clients and manages $711 billion in assets as of Sept. 30, 2022.
Voya Financial (NYSE: VOYA) celebrates the passing of the SECURE 2.0 Act of 2022 by Congress, pending the president's signature. The bill aims to enhance retirement plan access for individuals, particularly employees of small businesses. Key features include automatic enrollment in 401(k) plans, a start-up credit for small business plans, and innovative provisions for student loan repayments. Voya's internal data shows that 82% of Americans believe the government should prioritize equal retirement savings access, aligning with the bill's objectives.
Voya Financial (NYSE: VOYA) has been retained as the recordkeeper and service provider for the Bass Pro Group, LLC, 401(k) Retirement Savings Plan, serving over 10,000 individuals. This partnership, which began four years ago, enables Voya to provide enhanced support including educational tools, personalized enrollment guidance, and analytics to promote financial wellness. Voya's commitment to deliver innovative solutions aligns with its mission to secure financial futures for all Americans, evidenced by its substantial assets under management of $711 billion as of September 30, 2022.
Voya Investment Management has been named one of the "2022 Best Places to Work in Money Management" by Pensions & Investments, ranking fourth among firms with 500 to 999 employees. This marks the eighth consecutive year Voya IM has received this recognition. The company has recently completed several key transactions to further its growth, aiming to enhance its global reach and develop innovative investment products. Voya Financial was also featured in Fortune’s list of “Best Workplaces in Financial Services & Insurance” earlier this year.
Voya Cares® and the National Down Syndrome Society (NDSS) are awarding a $10,000 grant to entrepreneur Kevin Davis, owner of Mind Body Botanicals, to support his business aimed at providing accessible moisturizing products for individuals with limited mobility. The grant highlights the collaboration between Voya and NDSS to empower entrepreneurs with Down syndrome. Davis plans to use the funds for marketing and inventory expansion, showcasing his commitment to inclusivity and community impact.
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