voya retirement plan

one of the lead plaintiffs in the class-action case appears to be the company’s former regional vice president of retirement sales for its northern california and nevada territory. that plaintiff, david ravarino, is also the name of the former vice president who worked for voya until late last year. for example, the voya target index solution trusts and several other investment options underperformed relative to peer investment options, the plaintiffs claim. the target-date series has had net returns lower than 25% to 45% of comparable products on the market since its launch in 2012, according to the complaint. the company “has used its discretionary control over the crediting rate of the voya stable value option to increase voya’s general account profits rather than pay plaintiffs … as well as the other plan participants increased retirement investing returns,” the complaint read.

the lawsuit also makes claims related to other voya investment options, as well as funds from cohen and steers and brown advisory. “voya believes in its plan and its process, and intends to defend the case vigorously,” the company stated. subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the investmentnews team. only a small proportion of the financial services industry includes women and minorities, something the organization would like to change. use of editorial content without permission is strictly prohibited   |   all rights reserved

voya cares offers online resources for special needs planning and addresses natural connections between health benefits and retirement savings offering voya retire app on google play store. go to full site. remind me later. © 2021 voya services company. all rights reserved. online enrollment has been designed for easy enrollment into the voya retirement insurance and annuity company (vriac) product under your employer’s retirement, .

a group of former voya financial inc. employees sued the company this week, claiming the firm should not have included its own investment insurance products, annuities and retirement plan funding issued by voya retirement insurance and annuity company (“vriac”), windsor, ct., . is voya a good retirement company? how do i withdraw from my voya retirement plan? what type of plan is voya? what is voya retirement plan?

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