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.
The Board of Trustees of Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) has approved changes to its principal investment strategies and benchmark, shifting from the MSCI World Index to the MSCI World Value Index. These changes, effective on or about December 31, 2020, aim to better align the Fund's security selection with its income and capital appreciation objectives. The Fund intends to maintain a high level of income and pursue total returns while managing portfolio volatility.
Voya Financial, Inc. (NYSE: VOYA) will participate in the Goldman Sachs U.S. Financial Services Conference on December 8, 2020, at 11:20 a.m. ET. The event will feature CEO Rodney O. Martin, Jr. and CFO Michael Smith. Interested parties can access the live webcast via the Voya investor relations website, and a replay will be available starting December 9, 2020. Voya serves approximately 13.8 million customers in the U.S. and reported $7.5 billion in revenue for 2019, with $657 billion in total assets managed as of September 30, 2020.
Voya Prime Rate Trust (NYSE: PPR) has initiated a tender offer to buy back up to 15% of its outstanding common shares. The buyback price will be set at 99% of the Fund’s NAV at market close on the expiration date, January 4, 2021. Shareholders are encouraged to review the detailed tender offer materials filed with the SEC, which include important information pertinent to their decisions. Voya Investment Management, managing over $238 billion in assets, emphasizes its commitment to providing robust investment solutions.
Voya Prime Rate Trust (NYSE: PPR) announced its plan to initiate a tender offer for 15% of its outstanding common shares. This decision follows a resolution from the 2020 annual meeting where shareholders requested a self-tender offer close to the net asset value (NAV). The offer will be at 99% of the NAV as of the close of trading on the expiration day, expected in January 2021. If more than 15% of shares are tendered, purchases will be made pro rata. The Board may consider additional tender offers post-completion.
Voya Financial, Inc. (NYSE: VOYA) released findings from a post-election study on World Kindness Day, revealing that 78% of Americans view kindness as the most crucial personal value. The survey also indicated that 93% of respondents desire to work for companies promoting kindness, while 90% support employee charity initiatives. Although sentiments post-2020 election varied, with 48% feeling optimistic, the majority (94%) emphasized the need for unity. Voya's commitment to societal well-being includes employee volunteer support and charitable giving programs, reinforcing its corporate responsibility ethos.
Voya Financial, Inc. (NYSE: VOYA) has announced enhancements to its retail wealth management platform, Voya Financial Advisors (VFA). These improvements aim to streamline processes for financial professionals and clients, featuring digital account opening, robust allocation modeling, and effective communication tools. Recent research indicates a rising demand for financial advice amid economic uncertainty, with 61% of Americans feeling anxious about their finances. The new platform capabilities will enable VFA to better support clients' financial wellness through innovative technology.
Voya Financial (NYSE: VOYA) released a study highlighting the disproportionate impact of COVID-19 on the special needs community. Key findings reveal that 37% of respondents report severe daily life disruptions due to the pandemic, compared to 25% from other communities. The study notes increased anxiety (44%), feelings of isolation (44%), and 40% cited disruptions in care services. Financial stress is evident, with 29% evaluating expenses and 17% reducing work hours. Voya emphasizes its commitment to equity through resources and support for individuals with disabilities, aided by partnerships with Wellthy and No Barriers.
Voya Financial, Inc. (NYSE: VOYA) has launched a new online budgeting calculator aimed at enhancing financial wellness. The tool uses the '50/30/20' rule to help users allocate their after-tax income—50% for needs, 30% for wants, and 20% for savings. It allows personalization and offers practical tips to create balanced budgets, accommodating both English and Spanish users. This calculator is part of Voya's broader mission to support financial wellness and retirement readiness among Americans.
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