Have you planned well for the unexpected? NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE: VOYA), announced today that it has entered into a definitive agreement with Resolution Life Group Holdings (Resolution Life) whereby Voya will divest its Individual Life and other legacy non-retirement annuities businesses. To help prevent this our retirement planning needs to accept that Retirement planning needs to have a margin for safety because it’s impossible to know what our world will look like 10, 20 or 30 years after we’ve retired. Following the close of the transaction, Voya will have a general account of approximately $38 billion. In addition, Voya will reinsure the life insurance, pension risk transfer and non-retirement annuities business issued by ReliaStar Life Insurance Company (RLI), Voya Retirement Insurance and Annuity Company (VRIAC), and ReliaStar Life Insurance Company of New York (RNY) to SLD. It also speaks to the strength of Voya IM’s capabilities in managing and servicing multi-asset portfolios for third party insurance clients with traditional and specialty fixed income asset classes such as private credit, commercial mortgage loans and alternative fixed income. Forward-looking statements include statements relating to future developments in our business or expectations for our future financial performance and any statement not involving a historical fact. The policy and riders should be read carefully for exact terms and conditions, exclusions and limitations. Voya now expects an operating ROE (excluding AOCI only) of between 14% and 16% by the end of 2021. A cash value life insurance policy could provide just the flexibility you need and be an important part of your retirement planning.The last thing we want to happen during our retirement is to run out of money. Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. You can tailor your coverage to meet a financial obligation, like your mortgage, your children’s education or funeral costs. Please read Your retirement could last several decades.
Voya and Resolution Life expect that almost all Voya employees currently supporting the legacy life and annuity blocks in this transaction will become employees of Resolution Life US. We remain committed to growing normalized adjusted operating EPS by at least 10%. In this role, he is responsible for distribution of Voya’s investment solutions to institutions, including insurance companies, pensions, endowments and foundations, as well as to intermediaries, including DCIO and sub-advisory markets. We can help protect our retirement by building in a back-up plan, or a Plan B, to protect ourselves and our spouses/partners from developments we never expected.Cash value life insurance can help us deal with risks like these: After completing this transaction, Voya expects its operating return on equity (ROE) to exceed its 2018 Investor Day guidance (which excluded deferred tax assets and accumulated other comprehensive income (AOCI)) of between 13% and 15%. The call and a slide presentation on the transaction can be accessed via the company’s investor relations website at
Voya IM will also serve as one of the preferred asset management partners for Resolution Life.
This is available with a free download from the Adobe Systems website. Part I must be completed the first time you request a policy loan (including any loan carryover from a prior policy), each time you request Select Loans, for the one-time change from Select Loans to Traditional Loans and each time you elect the Net Loan approach.Use this form for loan transactions with Voya Indexed Universal Life-Accumulator policies. Examples of loan requests include: all Traditional Loan requests (including any loan carryover from a prior policy), each time you request Select Loans, a one-time change from Select Loans to Traditional Loans and each time you elect the Net Loan approach.Use this document to find answers to frequently asked questions about automated repetitive distributions from a Voya IUL- Global, Voya IUL-Global Plus or Voya IUL-Global Choice policy.Use to request a partial withdrawal from a life insurance policy.Use to request a partial withdrawal from a life insurance policy that was purchased in Washington.Use to request a partial withdrawal from a life insurance policy that was purchased in Oregon.Use to request a partial withdrawal from a life insurance policy that was purchased in Maine.Use to request a partial withdrawal from a life insurance policy that was purchased in Kentucky.Use to change a beneficiary designation on a life insurance policy.Allows a policy owner to transfer ownership to another entity/person. After completing the transaction, Voya will continue to target a debt-to-capital ratio of below 30%, a risk-based capital ratio of 400% and a holding-company liquidity target of $200 million. From filing your claim to resolving special issues, our team is ready to offer extra assistance when needed. Home; Voya Retire; Do more with your Orange Money. On behalf of the Voya® family of companies ("Voya"), please accept our condolences for your loss. Note: These forms are in PDF format. Enter username and password to access your secure Voya Financial account for retirement, insurance and investments. Single log-in. Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products … “Voya will use $600 to $800 million of the capital to retire existing debt and, therefore, expects $900 million to $1.1 billion of capital that can be largely utilized for share repurchases, unless we find an opportunity that offers more value enhancement,” said Martin.