Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Voya Financial, Inc.    VOYA

VOYA FINANCIAL, INC.

(VOYA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Voya Financial : Supports Passage of SECURE Act

share with twitter share with LinkedIn share with facebook
12/19/2019 | 02:38pm EDT

Congress passes long-awaited bill creating greater access to workplace retirement plans for millions of American workers

Voya Financial, Inc. (NYSE:VOYA), is pleased to recognize the passing of the Setting Every Community Up for Retirement Enhancement (SECURE) Act by the U.S. Senate today. The bill, which was originally passed by the U.S. House of Representatives on May 23, 2019, has since been updated and included in a larger appropriations bill, which was passed by the House earlier this week. The bill requires signature by the president to become law. As one of the most influential changes to the U.S. retirement industry within the past decade, the SECURE Act will, if signed into law, help address the nation’s retirement crisis by expanding access to workplace retirement plans for millions of full- and part-time workers, particularly small business employees.

“At Voya, we believe that investing in a 401(k) or other workplace retirement savings plan is one of the most effective ways to enable individuals to save for retirement,” said Charlie Nelson, CEO of Retirement and Employee Benefits at Voya Financial. “Many in the retirement industry — including us at Voya — believe Americans need and would benefit from the SECURE Act as it provides many positive aspects that help those individuals saving in a workplace retirement plan. We are encouraged that Congress has acted to provide these opportunities for millions of working Americans to enable them to achieve greater financial security in retirement, and we are hopeful that the president will sign the bill into law.”

The bill would make a number of changes to support the financial well-being of employers and their workforce. These include providing greater access to lifetime income solutions, making it easier for small businesses to join multiple employer plans, expanding access to workplace plans, and increasing the age for required minimum distributions, leaving more time for individuals to reach their savings goals.

As an industry leader and advocate for greater retirement readiness, Voya Financial is committed to delivering on its vision to be America’s Retirement Company® and its mission to make a secure financial future possible — one person, one family, one institution at a time.

About Voya Financial®
Voya Financial, Inc. (NYSE:VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13.8 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.5 billion in revenue in 2018. The company had $568 billion in total assets under management and administration as of Sept. 30, 2019. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2019 World’s Most Ethical Companies® by the Ethisphere Institute; as a member of the Bloomberg Gender Equality Index; and as a “Best Place to Work for Disability Inclusion” on the Disability Equality Index by Disability:IN. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
Latest news on VOYA FINANCIAL, INC.
06/29VOYA FINANCIAL : Announces Adjustment to Exercise Price of Warrants Issued Pursu..
BU
06/25VOYA FINANCIAL : Retained as Single Service Provider for CalPERS Supplemental In..
BU
06/24VOYA FINANCIAL : Aon Launches New Pooled Employer Plan for Retirement Savings
PR
06/23VOYA FINANCIAL : Jane Conway Joins Voya Investment Management as Head of Distrib..
BU
06/22VOYA INVESTMENT MANAGEMENT : 's Senior Loan Team to Present at American Bankers ..
BU
06/11VOYA FINANCIAL : Selected as New Service Provider for the Anchor Brewing Company..
BU
06/09VOYA FINANCIAL : Mourns the Passing of J. Barry Griswell, Director
BU
06/03VOYA FINANCIAL : to Present on J.P. Morgan Life Insurance CIO Call
BU
06/01VOYA FINANCIAL : Assurant, Inc., Selects Voya Investment Management for Portfoli..
BU
06/01VOYA FINANCIAL : New Voya Survey Finds Americans Would Rather Sanitize Their Hom..
BU
More news
Financials (USD)
Sales 2020 5 566 M - -
Net income 2020 626 M - -
Net Debt 2020 - - -
P/E ratio 2020 12,7x
Yield 2020 1,38%
Capitalization 5 772 M 5 772 M -
EV / Sales 2019
Capi. / Sales 2020 1,04x
Nbr of Employees 6 000
Free-Float 87,6%
Chart VOYA FINANCIAL, INC.
Duration : Period :
Voya Financial, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VOYA FINANCIAL, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 56,15 $
Last Close Price 45,76 $
Spread / Highest target 46,4%
Spread / Average Target 22,7%
Spread / Lowest Target -1,66%
EPS Revisions
Managers
NameTitle
Rodney Owen Martin Chairman & Chief Executive Officer
Nancy Ferrara Executive VP-Operations & Continuous Improvement
Michael S. Smith Chief Financial & Risk Officer
Santhosh Keshavan Chief Information Officer
David K. Zwiener Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
VOYA FINANCIAL, INC.-24.96%5 772
BLACKROCK, INC.9.76%84 109
UBS GROUP AG-9.28%42 048
BANK OF NEW YORK MELLON CORPORATION (THE)-24.62%33 594
T. ROWE PRICE GROUP INC.0.73%27 927
STATE STREET CORPORATION-20.19%22 219