Financial wellness

Voya Financial Advances Its Workplace Strategy Through Sale of Independent Financial Planning Channel

Retrieved on: 
Monday, February 8, 2021
Banking, Professional services, Finance, Finance, Economy, Money, Cetera Financial Group, VOYA, Registered Investment Adviser, Financial adviser, Financial wellness, Voya Financial

Voya Financial, Inc. (NYSE: VOYA), announced today that it has entered into a definitive agreement with Cetera Financial Group, Inc. (Cetera), one of the nations largest networks of independently managed broker-dealers, for Cetera to acquire the independent financial planning channel of Voya Financial Advisors (VFA), Voyas registered investment advisor and broker-dealer.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today that it has entered into a definitive agreement with Cetera Financial Group, Inc. (Cetera), one of the nations largest networks of independently managed broker-dealers, for Cetera to acquire the independent financial planning channel of Voya Financial Advisors (VFA), Voyas registered investment advisor and broker-dealer.
  • These individuals provide guidance, advice and financial wellness solutions to Voyas plan sponsor clients and their plan participants and are core to Voyas workplace strategy.
  • Specifically, Voyas field and phone-based financial professionals help Voyas customers meet their evolving needs with both in-person financial planning as well as Voyas award-winning digital financial wellness tools to offer more personalized planning for employers and their employees.
  • Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings to get ready to retire better.

US Financial Wellness Benefits Market (2021 to 2026) - Industry Outlook and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Monday, February 8, 2021
Professional services, Finance, Employee benefits, Financial wellness

The "U.S. Financial Wellness Benefits Market - Industry Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "U.S. Financial Wellness Benefits Market - Industry Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this U.S. Financial Wellness Benefits Market Report
    The U.S. financial wellness benefits market by revenue is expected to grow at a CAGR of approx.
  • The U.S. financial wellness benefits market has undergone a major shift with employees in the US changing their thinking toward financial wellness, especially after the outbreak of the COVID-19 pandemic in 2020.
  • The following factors are likely to contribute to the growth of the U.S. financial wellness benefits market during the forecast period:
    The study considers the present scenario of the U.S. financial wellness benefits market and its market dynamics for the period 2020-2026.

 AnyDay Is Payday

Retrieved on: 
Thursday, July 16, 2020
Women, Human resources, Finance, MEN, Banking, Professional services, Consumer, Other Consumer, Liability, Wages and salaries, National accounts, Wage, Financial wellness, Accrual, Economy, Academic disciplines, Economics

AnyDay puts cash in peoples pockets by enabling employees to access their wages whenever they want.

Key Points: 
  • AnyDay puts cash in peoples pockets by enabling employees to access their wages whenever they want.
  • AnyDay will get to work immediately on its mission to help employers support their employees.
  • Employers and employees both win from on-demand pay of accrued wages," said Gerard Griffin, CEO of AnyDay.
  • Launched in 2020, AnyDay is the worlds first vertically integrated provider of end-to-end on-demand wage pay and other financial wellness solutions.

FinFit Partners with PeopleStrategy to Bring Financial Wellness to Small and Mid-Sized Employers

Retrieved on: 
Thursday, July 16, 2020
Employment, Human activities, Financial wellness, Work, Occupational safety and health, Workplace, Employee relations, Human resource management, Workplace wellness

FinFit's platform is now available to more than 200 PeopleStrategy clients, offering complete access to essential financial tools and resources to improve employees' financial well-being.

Key Points: 
  • FinFit's platform is now available to more than 200 PeopleStrategy clients, offering complete access to essential financial tools and resources to improve employees' financial well-being.
  • Our goal is to improve employees' financial well-being, and employers can play a critical role by offering necessary services to the workforce."
  • FinFit's seamless integration with the PeopleStrategy software requires no administrative overhead for PeopleStrategy clients.
  • Founded in 2008, FinFit has grown to be the nation's largest holistic financial wellness benefit platform.

 COVID-19 Pandemic Erases Years of Financial Gains in Months, Disproportionately Affecting People of Color, Women, Gig Workers and the Young

Retrieved on: 
Monday, July 13, 2020
MEN, Other Professional Services, Health, Family, Insurance, Finance, Consumer, Other Health, Consulting, Professional services, Infectious diseases, General Health, Other Consumer, Women, Financial wellness, Pru

People of color, women, younger generations and small business owners were among those disproportionately affected, Prudentials ( NYSE:PRU ) 2020 Financial Wellness Census finds.

Key Points: 
  • People of color, women, younger generations and small business owners were among those disproportionately affected, Prudentials ( NYSE:PRU ) 2020 Financial Wellness Census finds.
  • Tackling these systemic vulnerabilities will require bold thinking and public/private partnerships to help our society overcome financial fragility and prosper through an inclusive recovery.
  • Prudentials diverse and talented employees help to make lives better by creating financial opportunity for more people.
  • Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century.

NFP Introduces WellCents to Provide Support to Employers as They Help Employees on Their Path to Retirement

Retrieved on: 
Wednesday, July 8, 2020
Financial wellness

This resource is designed for employers of all sizes who want to support their employees' financial wellness journey.

Key Points: 
  • This resource is designed for employers of all sizes who want to support their employees' financial wellness journey.
  • NFP designed WellCents to help employers realize the value of a workforce that is prepared for a successful and secure retirement.
  • "We're thrilled to offer WellCents to employers who appreciate the importance of helping their employees prepare for retirement," said Nick Della Vedova, president of NFP retirement.
  • "The retirement you ultimately have is determined by the financial decisions you make along the way," said Jamie Hayes, senior vice president of NFP retirement.

OneSource Virtual Partners with Wagestream to Offer Employees Earned Wage Access and Financial Wellness Solutions with myFlexPay

Retrieved on: 
Tuesday, July 7, 2020
Financial wellness, Workplace, Employee benefits, Articles, Economy, Occupational safety and health, Academic disciplines

The new partnership provides employees with access to earned wages, financial education, and real-time visibility into their earnings, among other conveniences, all combined in a workplace app.

Key Points: 
  • The new partnership provides employees with access to earned wages, financial education, and real-time visibility into their earnings, among other conveniences, all combined in a workplace app.
  • "Financial convenience is usually at odds with financial wellness," explains Trey Campbell, CEO at OneSource Virtual.
  • Partnering with Wagestream allows us to include earned wage access to customers for the benefit of their employees, and all with the highest standards of social responsibility."
  • Companies whose employees already use the solution report decreased financial stress and absenteeism, and increased retention, recruitment and financial wellness.

Voya Financial launches COVID-19 planning tool powered by SAVVI Financial to help Americans navigate difficult financial decisions

Retrieved on: 
Tuesday, July 7, 2020
Other Professional Services, Finance, Health, Consulting, Banking, Infectious diseases, Professional services, Other Health, Economy, Finance, Money, VOYA, Financial economics, Financial wellness, Voya Financial, Financial adviser, Voya Financial®, SAVVI

This COVID Relief Planning Assistant is a valuable tool to help those financially impacted create a personalized, short-term plan to help manage through their immediate financial needs without compromising their future financial goals.

Key Points: 
  • This COVID Relief Planning Assistant is a valuable tool to help those financially impacted create a personalized, short-term plan to help manage through their immediate financial needs without compromising their future financial goals.
  • This is not the first time Voya has collaborated with SAVVI to leverage its financial planning and analytics capabilities to help Americans with their financial wellness needs.
  • Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings to get ready to retire better.
  • Voya Benefits Co., LLC (VBC) is making available to you the financial planning software offered by SAVVI Financial, LLC (SAVVI), an investment advisor registered with Securities and Exchange Commission.

Trust & Will Partners With Acorns To Promote Early Financial Planning For Families

Retrieved on: 
Wednesday, July 1, 2020
Acorns, Financial wellness, Economy, Academic disciplines, Articles

"We are thrilled to announce our partnership with Acorns to help customers better plan for their financial future," said Founder and CEO of Trust & Will, Cody Barbo.

Key Points: 
  • "We are thrilled to announce our partnership with Acorns to help customers better plan for their financial future," said Founder and CEO of Trust & Will, Cody Barbo.
  • "Acorns Early is a great financial wellness tool for families who want to plan and invest proactively when it comes to their kids' future.
  • The new partnership will set up families for long term financial success by bringing awareness to the importance of early estate planning.
  • When Acorns users shop with Found Money partners, like Trust & Will, those brands automatically invest a percentage of the purchase into users' Acorns accounts.

Acorns Launches Acorns Early To Give Every Child Financial Access Beginning at Birth

Retrieved on: 
Tuesday, June 30, 2020
Tax avoidance, Taxation in the United States, Uniform Gifts to Minors Act, United States securities law, Economy, Uniform Transfers to Minors Act, Acorn, Coronavirus, Financial wellness, Articles, Money

To support those impacted by the coronavirus pandemic, Acorns will provide Acorns Early free to babies born in 2020.

Key Points: 
  • To support those impacted by the coronavirus pandemic, Acorns will provide Acorns Early free to babies born in 2020.
  • With Early, a UGMA/UTMA account, Acorns financial wellness system now provides the tools to save and invest beginning at any age.
  • Early funds can be used for anything that benefits the child, and custodians may see tax advantages while they invest, before easily transferring the account when the child is an adult.
  • "If we begin as early as birth, we have the opportunity to change the financial outcomes of an entire generation."