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. reports news about its retirement, employee benefits and investment management businesses in the United States. Recurring updates include quarterly earnings by segment, fee-based revenue, net underwriting results, assets under management, capital deployment, common and preferred stock dividends, and investment income from the company’s general account and investment management activities.
Company news also covers retirement-savings policy developments, workplace-benefits collaborations, disability inclusion through Voya Cares, and shareholder commentary on governance, management accountability and the employee benefits stop-loss business.
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Voya Financial (NYSE: VOYA) has released a whitepaper titled “Financial Wellness Meets Behavioral Economics,” authored by Shlomo Benartzi of UCLA. The paper explores how employers can assist workers in effectively allocating savings among various financial products to enhance both health and wealth. Notably, 73% of Americans feel their money is losing value. The paper discusses the issue of 'narrow framing' where individuals fail to see the overall financial picture, making suboptimal allocation decisions. It recommends that employers show, simplify, and personalize financial options to improve employee financial wellness.
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Voya Financial, Inc. (NYSE: VOYA) will host a webcast and conference call to discuss its third-quarter financial results on November 3, 2021, from 10 a.m. to 11 a.m. ET. The press release detailing these results will be issued after market close on November 2, 2021. Interested parties can access the webcast on Voya's investor relations website. Voya provides investment and financial wellness solutions to over 14.8 million clients, boasting $7.6 billion in revenue for 2020 and $721 billion in assets as of June 30, 2021.
On Sept. 29, 2021, Voya Financial (NYSE: VOYA) paid a quarterly dividend of $0.165 per share on its common stock. This payment led to an adjustment in the exercise price of its Warrants from $47.73 to $47.62 per share. Additionally, the number of shares each Warrant is exercisable for was changed to 1.002359604. These adjustments are effective from Sept. 29, 2021.
Voya Financial reported $7.6 billion in revenue for 2020 and has $721 billion in total assets under management as of June 30, 2021.
Voya Financial (NYSE: VOYA) has received the Great Place to Work certification for the sixth consecutive year, with 85% of surveyed employees affirming it as a great workplace—59% higher than the U.S. average. The certification is based on feedback from over 1,700 employees, with notable responses showing that 94% appreciate Voya's community contributions and 92% feel welcomed upon joining. This recognition reflects Voya's ongoing commitment to fostering a culture of inclusion and achievement.
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BNY Mellon Investment Management, with $2.3 trillion in assets, announced that Voya Financial will be the first recordkeeper to support its Custom Target Date Builder (CTDB) solution, enhancing access to customizable retirement portfolios for advisors. Launched in December 2020, CTDB allows advisors to offer custom retirement solutions across various plan sizes. Andy Provencher of BNY Mellon and Jeff Cimini of Voya emphasize the importance of this collaboration for improving retirement outcomes.
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