Investment Product and Service Launches

Aptus Capital Advisors Launches Large Cap Enhanced Yield ETF

Aptus Capital Advisors LLC announced the launch of the Aptus Large Cap Enhanced Yield ETF, an actively managed exchange-traded fund combining U.S. large cap equities with an equity options overlay.

“We’re proud to have assisted advisors in helping clients over the past decade and are excited to now offer a market beta strategy that provides income not reliant on certain equity styles and sectors typically associated with higher distributions,” JD Gardner, founder and managing member of Aptus Capital Advisors, said in a statement.

The launch is the third strategy in the firm’s suite of actively managed enhanced yield ETFs. In the past year, Aptus crossed $2 billion in assets under management across its ETF lineup.

MetLife, Lyra Health Expand Access to Workforce Mental Health Solutions

MetLife and Lyra Health announced a new initiative to provide employees with access to mental health services as part of their recovery when they file a disability or absence claim.

This collaboration connects eligible employees to Lyra’s providers through a referral at the beginning of their claim. The approach will also help employers with the administrative tasks associated with disability claims and mental health resources.

“Lyra’s evidence-based mental health care and MetLife’s disability and absence management work in concert to help ensure that people can easily access high quality care when they need it most,” Sean McBride, chief revenue officer at Lyra Health, said in a statement.

Alight Expands Global Employee Benefits Solution

Alight Inc., announced the release of its global employee benefits solution, which offers administrative support and customer care for managing benefits programs.

“When you include the complexities of managing multiple vendors, languages, and time zones, it’s no surprise that global benefits remain a challenge for organizations and their employees,” Jan Pieter, vice president of business development at Alight, said in a statement. “[Our solution] enables organizations to provide their employees with benefit offerings in their language of choice and to personalize the process of tailoring their benefits.”

The solution is offered across more than 100 countries and in 32 languages. It is integrated into the Alight Worklife platform and powered by total rewards software partner Benify.