The Voya Difference
Experience stable value investing the Voya way
Voya’s Stable Value means exactly that. It’s a low risk investment option that gives your employees a reason to stay in the plan, creating better pricing opportunities for the whole plan.
Three primary benefits:
- Principal preservation to help safeguard capital and prevent loss
- Steady returns (generally higher with Stable Value over the long-run than money market funds and cash)
- Benefit-responsive liquidity offers your employees the ability to access their money when they need to
With Voya, you gain decades of experience and commitment to the industry along with a dedicated client service team. With our proven track record, Voya works with plan sponsors to design and implement their stable value fund.
- Over 40 years of commitment to the Stable Value market
- Ranked #4 in stable value separate account & synthetic account assets1
- Approximately $38 billion in total stable value separate account & synthetic account AUM and AUA2
Our financial ratings
Voya Retirement Insurance and Annuity Company offers stable value products to defined contribution plans including 401(k), 401(a), 457 and 403(b) plans as well as 529 college savings plans. Our multi-product portfolio provides choice and flexibility across all institutional plan sizes and tax codes.
Synthetic Guaranteed Investment Contract (GIC)
The Voya Managed Custody Account product allows sponsors to retain ownership of the underlying assets, while still providing for a guarantee of principal within the stable value fund. The underlying assets are guaranteed to preserve principal by Voya Retirement Insurance and Annuity Company.
Separate Account GIC
The Voya StabilizerSM product utilizes a separate account established by Voya Retirement Insurance and Annuity Company (VRIAC), insulated from claims arising out of any other business conducted by VRIAC. The product is generally guaranteed to preserve principal based on the claims-paying ability of VRIAC. The plan sponsor can choose from one of our commingled separate account fixed income strategies or, if the assets of the Stabilizer account will exceed $100 million, can work with us to design an individually customized strategy. The fixed income strategies are managed by a dedicated staff through Voya Investment Management Co. LLC. Stabilizer is available within Voya’s recordkept plans, as well as on an investment only basis.
Collective Investment Trust
The Voya Stable Value Fund II is collective investment trust for use by defined contribution plan participants in qualified 401(a), 401(k) and governmental 457(b) plans. The Fund’s objective is to provide stability of principal, adequate liquidity and competitive yield with low return volatility. The Voya Stable Value Fund II allows plans sponsors to participate in a larger pool of assets with other plan sponsors.
Voya Investment Management has a dedicated stable value practice specializing in third party fixed income management. Sample strategies available include Government Securities, Intermediate Government/Credit and Intermediate Aggregate. Customized strategies are available for stable value assets in excess of $100 million. For more information, go to voyainvestments.com.
Christopher Solimine, SVP, Stable Value
Anthony Camp, Jr., Product Director
Robert Waldo, Product Director
Kenneth Mangini, Sales Support Manager
Stable Value Client Services
For RFP questions, please contact Kenneth Mangini.
1 Valerian Capital Group Synthetic GIC/BVW Market Landscape Report as of March 31, 2019
2 Internal Voya statistics as of March 31, 2019.
Stable Value products are offered through a group annuity contract issued by of Voya Retirement Insurance and Annuity Company (“VRIAC”). Stability of principal is the primary objective of this investment option. Under some scenarios it is possible for participants to lose money even in a stable value option. Those situations are unlikely and rarely occur, but they can happen. It’s important for investors to be aware of these potential risks. Withdrawals resulting from employer-initiated events, such as withdrawals following mass layoffs, employer bankruptcy or full or partial plan termination are not always covered by the product’s guarantees and may be restricted or subject to market value adjustment. Stable Value account balances are not guaranteed by the Federal Deposit Insurance Corporation (FDIC), by any other government agency or by the plan. This portfolio is not a registered investment under the 1940 Act and has not been registered with the Securities and Exchange Commission.
All guarantees are based on the financial strength and claims paying ability of the individual issuing insurance company, who is solely responsible for all obligations under its policies.