NEWARK, N.J., August 08, 2018 - Prudential Retirement®, a unit of Prudential Financial, Inc. (NYSE:PRU), and Aviva Life and Pensions U.K. Ltd. have struck their first longevity reinsurance transaction, establishing a new reinsurance partnership between these two market leaders.
NEWARK, N.J., July 26, 2018 - Raytheon (NYSE: RTN) will reduce its pension obligations by $923 million by purchasing a group annuity contract from The Prudential Insurance Company of America, a subsidiary of Prudential Financial, Inc. (NYSE: PRU).
Prudential Financial, Inc. (NYSE: PRU), and Babylist, the fastest-growing baby registry in the United States, launched a new strategic relationship to create a crowd-funded life insurance solution designed specifically for expecting parents, which is now available as an add-on to their baby registries.
Prudential Group Insurance has promoted Jessica Gillespie to vice president, national accounts. She was most recently vice president of Strategic Partnerships & Distribution Excellence. Prudential Group Insurance is a unit of Prudential Financial, Inc. (NYSE:PRU).
Few current retirees take a new job in their golden years—but more than half of future retirees expect to continue working during retirement, driven by uncertainty about Social Security and their own financial preparedness, a new study from PGIM Investments reveals.
PGIM Investments announced it will host a conference call to provide market commentary and product updates for PGIM Short Duration High Yield Fund, Inc. (NYSE:ISD) and PGIM Global Short Duration High Yield Fund, Inc. (NYSE:GHY).
Prudential Financial, Inc. (NYSE: PRU) today announced that Caroline Feeney, currently president of Individual Life Insurance, will serve as head of Individual Solutions Group, which comprises Annuities and Individual Life Insurance.
American workers rank retirement security above job security, taxes and the cost of college among the top issues they want congressional candidates to talk more about on the campaign trail this year, according to a new survey.
State of Hawaii officials informed Prudential Retirement that Hawaii has renewed its contract with Prudential to oversee its State of Hawaii Deferred Compensation Plan (a.k.a., The Island $avings Plan) totaling nearly $2.4 billion in retirement assets. Prudential Retirement, among the industry’s largest recordkeepers, is a business unit of Prudential Financial, Inc. (NYSE:PRU).