Welcome to our dedicated page for Voya Financial news (Ticker: VOYA), a resource for investors and traders seeking the latest updates and insights on Voya Financial stock.
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 completed the acquisition of Benefitfocus, Inc., a technology company specializing in benefits administration, originally announced on November 1, 2022. This strategic move enhances Voya's offerings in workplace benefits and savings, now impacting approximately 38 million individuals in the U.S. The acquisition aims to improve integrated health and wealth solutions for employers and health plans, thus enhancing employee wellbeing. Voya plans to outline its financial insights from this acquisition during its upcoming earnings call on February 8, 2023.
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.
FAQ
What is the current stock price of Voya Financial (VOYA)?
What is the market cap of Voya Financial (VOYA)?
What does Voya Financial, Inc. specialize in?
How many customers does Voya Financial serve?
What are the primary business segments of Voya Financial?
How many employees does Voya Financial have?
What is Voya Financial’s vision?
What recent technological advancements has Voya Financial made?
Where can I find more information about Voya Financial?
What types of retirement solutions does Voya Financial offer?
What is the company’s focus in terms of corporate responsibility?
How does Voya Financial enhance customer experiences?
