Voya Financial, Inc. announced that its retirement business hasbeen chosen to provide plan administration services for theCenterPoint Energy Savings Plan, while Northern Trust has been selected bythe Wyoming Retirement System to provide global custodyservices.
CenterPoint Energy, Inc., is headquartered in Houston and is adomestic energy delivery company on the Fortune 500 list thatdelivers electric and natural gas to more than five million U.S.customers in six states including Arkansas, Louisiana, Minnesota,Mississippi, Oklahoma and Texas. The plan, which represents nearly$1.7 billion in assets and approximately 9,300 plan participants asof September 28, moved over to Voya's administration platform onOctober 1.
Voya will provide administrative andrecordkeeping services for the CenterPoint Energy Savings Plan andprovide participants with a range of decisionmaking and planningtools, including its participant website.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
