Voya Target Solution Trust Series Q2 2025 Commentary: Balancing Risk-Return Profiles for a Successful Retirement.

The Voya Target Solution Trust Series aims to balance the risk-return profiles of participants as they age to maximize retirement success. Key takeaways include global equities advancing, but the commentary does not provide further details on performance or market trends.

Title: Voya Financial Expands Retirement Income Solutions with BlackRock’s LifePath Paycheck

Voya Financial, Inc. (NYSE: VOYA) has announced the addition of BlackRock’s LifePath Paycheck® solution to its recordkeeping platform, marking a significant step in the company's commitment to providing comprehensive retirement income solutions. The new product offers eligible retirement plan participants the option to convert a portion of their savings into a guaranteed lifetime income stream, delivered by insurers chosen by BlackRock. This expansion aims to address the growing concern among Americans about outliving their retirement savings.

According to Amy Vaillancourt, president of Retirement at Voya Financial, "One of the top concerns we hear from clients is the fear that participants will outlive their retirement savings. Our research has found 75% of working Americans strongly agree or agree that they worry about outliving their savings.1 We’re helping address this concern and advance our strategy to provide access to innovative solutions that support successful retirements." Since its launch in April 2024, LifePath Paycheck is now available through employer-sponsored plans reaching more than 350,000 U.S. workers and representing over $22 billion in assets under management.

Rob Crothers, head of Defined Contribution Product and Platform at BlackRock, commented, "Helping people achieve better retirement outcomes is BlackRock’s core business. Since pioneering the first target date fund over thirty years ago, we continue to develop innovative solutions that seek to enhance retirement security for American workers. LifePath Paycheck provides the choice to receive a predictable, guaranteed income stream throughout retirement and we’re excited to be working alongside Voya to deliver client-focused solutions."

Plan sponsors who choose to add LifePath Paycheck to their plan menu will also have access to BlackRock’s MyLifePath® digital experience for their plan participants via the Voya platform. MyLifePath accompanies the LifePath Paycheck investment solution, offering participants education and tools to help them achieve their retirement goals. It is designed to educate participants about LifePath Paycheck, help them estimate the retirement income they may be able to achieve from their investment, and support their application and purchase of the optional lifetime income stream from the insurers selected by BlackRock.

Voya Financial is committed to addressing the growing demand for retirement income solutions. Its strategy integrates recordkeeping, investments, technology, communications, and wealth and risk management tools to help best serve participants nearing or in retirement. "At Voya, we’ve built a comprehensive approach to retirement income—spanning education, guidance, and both guaranteed and non-guaranteed income options," said Vaillancourt. "Adding LifePath Paycheck is another meaningful step in helping individuals retire with greater confidence and flexibility."

References:
[1] https://www.marketscreener.com/news/voya-financial-expands-access-to-retirement-income-solutions-with-addition-of-blackrocka-s-lifepath-ce7c51dad881f420
[2] https://www.ainvest.com/news/ziprecruiter-q2-2025-navigating-contradictions-labor-market-trends-ai-impact-hiring-2508/