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.
News and updates for Voya Financial, Inc. (NYSE: VOYA) focus on its activities as a retirement, employee benefits and investment management company. Company announcements highlight financial results, capital deployment decisions, product launches and initiatives that affect individual, workplace and institutional clients.
Investors following VOYA news will see regular earnings releases and related conference call details, including updates on segment performance in retirement, investment management and employee benefits. Voya also issues communications about share repurchase plans, common and preferred stock dividends, and preliminary information on assets under management and alternative investment income through Form 8-K filings and press releases.
Beyond financial metrics, Voya’s news flow includes developments in its retirement and wealth platforms and its investment management offerings. Recent announcements describe the launch of a retirement income guidance tool developed with SAVVI Financial for plan participants, the introduction of the WealthPath platform for Voya financial advisors in collaboration with Orion, and the launch of actively managed ETFs by Voya Investment Management. These items illustrate how Voya applies its retirement and asset management capabilities in practice.
Voya also publishes stories related to its community and education initiatives, such as the Voya Unsung Heroes program that provides grants to K–12 educators. These pieces offer additional context on the company’s presence in the education market and its foundation’s focus areas.
For readers tracking VOYA, this news page brings together company press releases and related coverage, offering a view into Voya’s financial reporting, capital actions, product and platform developments, and selected community programs. Investors and observers can use this stream of information to understand how Voya’s retirement, benefits and investment management businesses are evolving over time.
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Voya Financial, Inc. (NYSE: VOYA) announced that Yvette Butler has joined its board of directors. With over 25 years in financial services, Butler will serve on several committees, including compensation and benefits, and risk, investment and finance. Previously, she held executive roles at Capital One and Wells Fargo Advisors. Her expertise is expected to enhance Voya's strategic direction and operational execution. Butler's accolades include recognition as one of the Most Powerful Women in Washington. Voya continues to focus on delivering health, wealth, and investment solutions.
Voya Financial (NYSE: VOYA) will host a webcast and conference call on May 11, 2021, to discuss its financial results for the first quarter of 2021. The press release detailing these results will be issued after market close on May 10, 2021. Investors can access the webcast starting at 10 a.m. ET, including a slide presentation. Voya, a Fortune 500 company, reported $7.6 billion in revenue for 2020 and manages $700 billion in total assets as of December 31, 2020.
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Voya Financial (NYSE: VOYA) has launched an enhanced version of its myHealthMoney digital assistant, providing personalized guidance on workplace benefits. Powered by SAVVI Financial, this tool helps employees make informed decisions regarding medical, dental, and supplemental health insurance, along with health savings accounts (HSAs) and flexible savings accounts (FSAs). The initiative aims to simplify health care choices, especially following the COVID-19 pandemic, where high costs and complex decisions have become more pronounced. Voya's research indicates that over 70% of employees seek decision-support tools for better financial management.
On March 29, 2021, Voya Financial (NYSE: VOYA) paid a quarterly dividend of $0.165 per share, which led to adjustments in the exercise price of its Warrants. The price decreased from $47.97 to $47.84, and the number of shares for each Warrant increased to approximately 1.0027 shares. These adjustments are effective immediately. Voya Financial, a Fortune 500 company with $7.6 billion in revenue for 2020, serves about 14.8 million customers and focuses on providing retirement and investment solutions.
Voya Financial (NYSE: VOYA) has been chosen as the new recordkeeper for Western Dental Services, Inc.'s 401(k) Retirement Savings Plan, which transitions in April 2021. This plan manages $95 million in assets and serves around 6,000 participants. Western Dental's decision highlights Voya's mobile capabilities and robust plan health reporting. Voya will provide educational tools and the Voya Retire mobile app to assist plan participants in managing their retirement savings. This partnership emphasizes Voya's commitment to financial wellness in the workplace.
Voya Prime Rate Trust (NYSE: PPR) has appointed Saba Capital Management as its new investment adviser, succeeding Voya Investments and Voya Investment Management. The transition, effective June 22, 2021, aims to ensure a smooth handover for shareholders. Saba, recognized as a leader in credit investing, manages $3.2 billion in assets and intends to expand the Fund's investment strategy while focusing on high current income. Shareholder approval for the new advisory agreement is required, with a special meeting scheduled for May 21, 2021.
The Board of Trustees of Voya Natural Resources Equity Income Fund (NYSE:IRR) has announced a Plan of Liquidation and Termination, effective on or about June 11, 2021. Following this date, the Fund will pay liquidating distributions to its common shareholders, determining eligibility as of the close of business on June 11. Share trading will be suspended on June 14, 2021, with expected cash distributions around June 18. The Fund will adjust its portfolio in preparation for liquidation and aims to ensure sufficient cash for any unpaid liabilities.