Media Highlights
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23 HR and benefit lessons learned in 2023 Voya research highlighted in EBN finds that 63% of employees said they were likely or extremely likely to sign up for voluntary benefits in 2023, intended to supplement more traditional offerings like health care and retirement. |
Employee Benefit News | |
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Target-date funds befuddle some DC plan participants Paula Smith, SVP, Retirement/College Savings Product Strategy & Development, shares how education is important as the use of target-date funds is now higher than ever before within DC plans. |
Pensions & Investments | |
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How making student loan payments can help you save for retirement, starting next January Tom Armstrong, VP of Customer Analysis and head of the Behavioral Finance Institute for Innovation, shares the importance of saving for retirement as employers seek to understand their broad benefits opportunities, inclusive of student loan debt support. |
CNBC | |
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Voya Launches Financial, Health Dashboard Rob Grubka, CEO, Workplace Solutions, discusses the launch of Voya’s digital dashboard and the integrated approach the employee dashboard does by allowing individuals to view their full financial picture in one place. |
PlanAdviser | |
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Big Retirement Readiness Perception Gap Between Employers, Employees Voya IM survey data highlighted in NAPA finds a strong majority (87%) of plan sponsors say their participants are somewhat or very prepared for retirement while only 63% of participants feel the same way, indicating a gap between participant feelings versus plan sponsor perceptions. |
NAPA News | |
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Gen Z, Millennials to Seek Employer Support for Retirement Savings in 2024 Kerry Sette, VP, Head of Consumer Insights & Research, shares her insight on Voya research finding Millennial and Gen Z eagerness to save heading into 2024 and looking toward their employer for support. |
PlanSponsor | |
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Firms Are Rushing to Sell Junk Debt Before 2023 Window Closes Randy Parrish, head of Public Credit, discusses firms rushing to sell junk debt before the 2023 window closes and how this is good news for investors. |
Bloomberg Law | |
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Arm shares sink as some analysts question valuation after weak forecast Justin Sumner, SVP, Senior Portfolio Manager & Research Analyst, shares that the broader semi industry is seeing strong design activity for data center and AI integration but, it will take some time before this begins generating meaningful revenues for some. |
Reuters | |
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Three tips to maximize benefits during open enrollment Nate Black, VP, Health Solutions Product Development, discusses the importance of prioritizing benefit offering decisions as open enrollment comes to a close. |
Reuters | |
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Pet insurance or life insurance? Help employees select the voluntary benefits they need Voya research highlighted in Employee Benefit News finds that 63% of employees are likely or extremely likely to sign up for voluntary benefits through their employer in 2023, indicating that employees are eager to take advantage of supplemental benefit offerings. |
Employee Benefit News |