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.
Voya Financial (NYSE:VOYA) has released a comprehensive research study revealing significant disparities in retirement readiness and financial confidence across different demographic groups. While 90% of benefits-eligible employees understand retirement plan pretax benefits, only 65% feel confident about their retirement timeline.
The study highlights notable gaps among women, minorities, and younger generations. Gen Z (82%), millennials (71%), and minorities (76%) reported needing more help understanding financial wellness compared to other groups. The research also revealed that flexible hours (66%) and employer-sponsored retirement plans (65%) now rival compensation (69%) as key retention factors.
Financial anxiety has increased across demographics, with uncertainty rising from 64% to 70% and confidence dropping from 41% to 36% in the past three months. Younger generations particularly express concerns about retirement savings and emergency funds.
Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) have declared their July 2025 monthly distributions. IGA will distribute $0.085 per share, while IDE will distribute $0.100 per share, both payable July 15, 2025.
For IGA, 75.29% of the current distribution comes from return of capital, while 24.71% is from net investment income. IDE's distribution comprises 68% from net realized long-term capital gains, 30% from return of capital, and 2% from net investment income.
Both funds have shown strong performance, with IGA reporting a 5-year average annual return of 11.56% and IDE showing 12.72% for the same period.
Blue Owl Capital (NYSE: OWL) and Voya Financial (NYSE: VOYA) have announced a strategic partnership to develop private markets investment products for defined contribution retirement plans. Voya, serving over 39,000 U.S. employers with more than $630 billion in defined contribution assets, will collaborate with Blue Owl, which manages $273 billion in assets.
The partnership will initially focus on developing collective investment trusts (CITs) offering access to private markets strategies through Voya's retirement platform and target date solutions. The collaboration aims to expand into other channels, including third-party retirement platforms and target date account providers. Additionally, both companies plan to explore opportunities in the insurance asset management industry.
Voya Financial (NYSE:VOYA) has scheduled its second-quarter 2025 earnings announcement and conference call. The company will release its Q2 2025 financial results after market close on Tuesday, August 5, 2025. A webcast and conference call to discuss the results will be held on Wednesday, August 6, 2025, from 10 a.m. to 11 a.m. ET.
The earnings release, investor supplement, and analyst presentation will be available on the company's investor relations website. A replay of the webcast will be accessible starting at 1 p.m. ET on August 6, 2025.
Voya Investment Management (NYSE: VOYA) announced significant leadership changes across its investment platforms, effective July 1, 2025. Eric Stein, CFA, will expand his role as chief investment officer, overseeing public and private fixed income, alternatives, equities, and multi-asset strategies. Jeff Hobbs, CFA, will become chief investment officer of Fixed Income.
Two veteran executives announced their retirement: Chris Lyons, CFA (head of Private Fixed Income and Alternatives) will retire December 31, 2025, after 32 years with Voya IM, and Vincent Costa, CFA (chief investment officer of equities) will retire September 30, 2025, after 19 years. James Lydotes, CFA, from Newton Investment Management, will join as the new Chief Investment Officer of Equities on September 2, 2025.
Voya Financial (NYSE: VOYA) has announced a new collaboration with Family First to provide concierge caregiving support services for employees. The service will be available to employer groups with Lifetime Life Insurance or Voya Leave Management. Family First offers professional support through accredited Care Experts, including nurses, social workers, and mental health professionals, backed by physicians and specialists.
The service includes a personalized Care Plan, a Caregiving Risk Index with Caregiver Burnout Scale, and a High-Tech Digital Care Hub with educational resources. According to Voya's research, 77% of employees consider caregiving resources important for employer offerings. The collaboration expands Voya's lifetime planning services, which already include estate planning and grief support through Empathy.