ING U.S. Chosen as the Exclusive Service Provider for the Regional University System of Oklahoma
WINDSOR, Conn., Jan. 28, 2014 /PRNewswire/ -- ING U.S., Inc. (NYSE: VOYA), which will rebrand as Voya Financial, Inc., in 2014, announced today that its Retirement Solutions business has been chosen as the exclusive service provider for the Regional University System of Oklahoma (RUSO) Retirement Savings Program.
The program includes six universities throughout Oklahoma, representing approximately $150 million in assets under management and nearly 6,500 participants.
"ING U.S.'s approach to relationship management and expertise in supporting higher education plans was important in our decision," said Jessica A. Boles, vice president for Administration and Finance at East Central University. "We were impressed with the team's depth and breadth of experience and the full suite of investment, technology and education solutions to help our employees take greater control of their retirement planning and saving."
As part of its commitment to advancing the retirement readiness of working Americans, ING U.S. will provide RUSO employees with access to industry-leading decision tools, as well as custom communication and financial education programs designed to drive positive savings behaviors.
"Through a competitive RFP process, ING U.S. showcased its ability to create a customized approach that can help ease the growing burden and administrative responsibilities associated with retirement plan management for higher education institutions," said Dusty Bowers, regional consultant for Gallagher Retirement Services. "ING U.S. invested time in gaining a solid understanding of the specific needs for RUSO as a plan sponsor as well as the individual needs of each participating institution. The result of that investment was a solution which addressed all the targeted priorities for the RUSO Retirement Plan Committee."
"We're honored that RUSO has placed its trust in our business and our people," said Jamie Ohl, president of Tax-Exempt Markets for ING U.S. Retirement Solutions. "This is a testament to the strength of our team and the commitment we have to providing clients with the integrated capabilities and distinctive value they want for the long-term. We look forward to supporting RUSO employees on their journey to and through retirement."
As an industry leader and advocate for greater retirement readiness, ING U.S. is committed to delivering on our vision to be America's Retirement Company and the mission of making a secure financial future possible — one person, one family, one institution at a time.
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About ING U.S.
ING U.S. (NYSE: VOYA), which will rebrand as Voya Financial in 2014, is a premier retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States. The company's vision is to be America's Retirement Company and its guiding principle is centered on solving the most daunting financial challenge facing Americans today — retirement readiness. Working directly with clients and through a broad group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists, ING U.S. provides a comprehensive portfolio of asset accumulation, asset protection and asset distribution products and services. With a dedicated workforce of approximately 7,000 employees, ING U.S. is grounded in a clear mission to make a secure financial future possible — one person, one family, one institution at a time. For more information, visit http://ing.us. Follow ING U.S. on Twitter @ING_USA and Facebook.
SOURCE ING U.S.