News from Voya, Unum, Russell Investments, PlanSource, Prudential, NTSA, MEDSURETY, Medica, and more. (Photo: Shutterstock)
Awardwinning advisors, new partnerships, insurance promotions, and more — these people and organizations in the employee benefits industry have been busy indeed. Here's what's happening:
Voya Financial announced that its Retirement business has been selected as the new recordkeeper and service provider for the Atos 401(k) retirement savings plan. As of Dec. 31, 2018, the 401(k) plan, which transitioned to Voya on Jan. 7, 2019, represented more than $626 million in assets under administration and approximately 8,700 participating members.
Unum announced it is offering a new benefit to help its employees tackle student debt. Starting in 2020, U.S. employees can transfer carry-over paid time off (PTO) into a payment against student debt through the Student Debt Relief Program, managed by financial services provider Fidelity Investments.
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