In other recent news, Voya Financial has reported its preliminary alternative investment income for the second quarter of 2025, estimated to be between $45 million and $55 million before taxes. This figure is in line with the company's long-term expectations for a 9% annual return on alternative investments. Voya Financial has also completed a $600 million private placement of Pre-Capitalized Trust Securities, known as P-Caps, with a redemption date set for May 15, 2035. This move aims to provide the company with contingent liquidity for general corporate purposes. Additionally, Voya Financial has formed a partnership with Blue Owl to develop private assets for defined contribution plans, which led UBS to reiterate its Buy rating and $87.00 price target for the company. Voya Financial has also collaborated with Savi to enhance student loan debt solutions for workplace clients, offering many of Savi's features at no charge.