Voya Financial, Inc. announced the launch of Primary Plus, an expanded lineup of non-core investment solutions within its Advisor Managed Account (AMA) program. The new solution allows third-party Registered Investment Advisor (RIA) firms that offer a managed account program through Voya the opportunity to introduce investment options outside of a plan?s core investment lineup. Built to address an increasing interest from advisors, Voya?s Primary Plus solution provides funds not specified in a plan?s core investment lineup as an opportunity to increase a participant?s investment exposure to an asset class.

These funds can include solutions such as collective investment trusts or mutual funds. The solution also enables RIA firms to build a more comprehensive managed account program with Voya, providing participants who enroll in the managed account program with a customized and diverse allocation designed to help them reach their retirement goals. Voya?s Advisor Managed Accounts program provides RIAs the resources they need to distribute investment advice to retirement plan participants through a consistent and scalable user experience.

Leveraging a seamless and integrated platform, the AMA program at Voya helps to ease the implementation and monitoring for an RIA firm and ensures advisors have access to a network of recordkeepers. Since the introduction of the program in 2021, the AMA program at Voya now supports over 400 plans that leverage the service. The introduction of Primary Plus builds upon Voya?s growing advice and guidance solution program.

Most recently, the firm announced the launch of Voya Pathway QDIA?, a new dual Qualified Default Investment Alternative (QDIA) available across Voya?s various managed account programs within Voya-administered retirement plans. In addition, Voya remains focused on investing in and creating solutions that will help enable more positive retirement outcomes. This includes an advisory services program, providing participants in Voya-administered retirement plans with a broader scope of access to advice services as well as access to myVoyage, a personalized financial-guidance and connected workplace-benefits digital platform.

As an industry leader focused on the delivery of benefits, savings and investment solutions to and through the workplace, Voya is committed to delivering on its mission to make a secure financial future possible for all ? one person, one family, one institution at a time.