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Principal adds portfolio manager to Global Asset Allocation team; Wagner Law Group adds partner who specializes in multiemployer plans; Voya purchases HSA TPA; and more. ....
Operator Good morning and welcome to the Voya Financial First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Michael Katz, Executive Vice President, Finance, Strategy and Investor Relations. Please go ahead. Mike Kartz Executive Vice President, Chief Strategy, Planning and Investor Relations Officer Thank you and good morning. Welcome to Voya Financial s first quarter 2021 earnings conference call. We appreciate all of you who have joined us for this call. As a reminder, materials for today s call are available on our website at investors.voya.com or via the webcast. Turning to Slide 2. Some of the comments made during this conference call may contain forward-looking statements within the meaning of federal securities law. This includes potential impacts related to COVID-19. I refer you to this slide for more information. ....
Voya to acquire Benefit Strategies as part of push into HSAs Bloomberg Terms of the deal were not disclosed. The acquisition will accelerate Voya s expansion into the health savings and spending accounts market and support its workplace growth strategy, said Rob Grubka, CEO of health solutions for Voya, in a news release Monday. In addition to complementing Voya s current health and wealth solutions, Benefit Strategies will deepen our capabilities to serve new and existing health savings and spending account clients through its enhanced call center support, implementation management and ongoing client services, Mr. Grubka said. The deal, which is expected to close in the third quarter of 2021, will also boost Voya s investment management business, which manages invested assets in Voya s health savings accounts, the news release said. ....