The deal is part of a broader deal announced Feb. 29 between the two insurers, which includes the purchase of MetLife's Premier Client Group.
Market volatility, a larger market of sellers and a boost among previously uninterested distribution channels has contributed to the growth.
Voya is reacting to rising market volatility, and policyholders could see less contract returns as a result.
Actuarial Guideline 49, the second phase of which goes into effect next month, highlights how advisers can't rely on illustrations when assessing the strength of a policy.
Provocative article suggests health savings accounts may top 401(k) plans as wealth accumulation vehicle.
Deciding between traditional and combination products can be difficult, but better understanding plan features can help.
Insurer says the spinoff would be financially strong, and insurance contracts would remain with their original carriers.
Make sure the most fundamental protections your clients require are in place
We all have a legacy, whether planned or unplanned. Active planning allows us to pass on a financial legacy.
Broker-dealers and advisory firms would be foolish not to take regulatory priority letters seriously.
The life insurer eyes a possible sale of the company's U.S. adviser force as it reshapes its business mix to limit government oversight.
Regulator focuses on potential violations regarding misrepresentations, suitability, and supervision
Few have planned for such care, but 70% of 65-year-olds will require it in their future.
Finra alleges a New Jersey-based broker-dealer failed to reasonably supervise VA sales.
Current 80% savings target may be too high — unless you get sick.
As health costs become top-of-mind for clients, savvy advisers will reap the benefits.
Insurers have debuted products that allow for change in payout rate, rider fees and roll-up rates under certain conditions.
Investors continue to migrate to fixed indexed annuities and shy away more from variable annuities amid low interest rates and market volatility.
