FEATURED ARTICLES:

Prudential Chairman and CEO John Strangfeld elected co-chair of NJPAC board of directors

Prudential Chairman and CEO John Strangfeld was elected co-chair of the board of directors for the New Jersey Performing Arts Center, one of the largest performing arts centers in the United States.
 
"John Strangfeld has been an active and dedicated member of the NJPAC board of directors since December 2009 and of its Executive Committee since 2010. His leadership and dedication to NJPAC’s mission and vision, and his deep engagement in our future have been inspirational to me," says NJPAC President and CEO John Schreiber.  (more)

Low interest rates pose risk to those who don’t protect retirement income, according to new Prudential paper

Those who do not protect their retirement income are at risk of having their retirement prospects eroded by prolonged periods of low interest rates, according to a new paper by Prudential.

The most recent update to The National Retirement Risk Index (NRRI) was published in October 2012 and found that 53 percent of households are at risk of being unable to maintain their pre-retirement standard of living during retirement. (more)

African American community a growing economic power but facing ongoing hurdles of debt

The African American Financial Experience is largely influenced by family, faith, early retirement and women playing a greater role in making decisions about money.

Those are just a few key findings from Prudential’s 2013-14 "African American Financial Experience" study. Released Tuesday, the study is the second in a biennial series measuring financial trends and attitudes in the African American community. (more)

Prudential is No. 2 on FORTUNE® magazine's 2013 World's Most Admired Companies list in the Life and Health category 

FORTUNE® magazine announced its 2013 World's Most Admired Companies® list on Feb. 28, and Prudential earned the No. 2 spot in the Insurance: Life, Health category.

"We're pleased to be recognized once again for this important distinction and to be among the leading Most Admired Companies in our industry," says Chief Communications Officer Bob DeFillippo.  (more)

THOUGHT LEADER OF THE WEEK: BENJAMIN ROBINSON
African Americans are more financially confident, but take less investment risk

African Americans report being significantly more confident about their financial situation than the general population, according to Prudential's 2013-2014 "The African American Financial Experience" study. "This presents an opportunity to take that optimism and make sure we are providing the education and financial management to support it," says Benjamin Robinson, chief administration officer for Prudential Annuities. (more)

Prudential In The News

Prudential News Releases

18 June 2013

Thelonious Monk Institute Presents Newark’s Top High School Musicians in Concert with Jazz Greats Jon Faddis and Tim Green, June 21 at NJPAC’s Center for Arts Education

WASHINGTON, June 18, 2013 - The Thelonious Monk Institute of Jazz, in conjunction with Newark Public Schools, will present high school jazz combos from Arts High, Barringer, East Side, and Science Park in concert with internationally acclaimed jazz artists Jon Faddis and Tim Green on June 21 at Newark’s Horizon Theater located in NJPAC’s Center for Arts Education. The free concert, featuring three generations of jazz artists, is made possible by The Prudential Foundation, which funds the Institute’s year-round jazz education programs at the four (more)
18 June 2013

Low interest rates pose risk to those who don’t protect retirement income

NEWARK, N.J. – Americans who do not protect their retirement income are at risk of having their retirement prospects eroded by prolonged periods of low interest rates, according to a new paper by Prudential Financial, Inc. (NYSE:PRU). (more)
18 June 2013

Prudential Financial 2013 New York Investor Day presentation materials and live webcast available

NEWARK, N.J., June 18, 2013 - Presentation materials for the Prudential Financial, Inc. (NYSE: PRU) New York conference for institutional investors and analysts, commencing today at 8:30 am, are available at Prudential's Investor Relations web site, www.investor.prudential.com. (more)
17 June 2013

MPREI signs agreement with TDIC to acquire first phase of Saadiyat Beach Residences on Abu Dhabi’s Saadiyat Island

ABU DHABI, United Arab Emirates, June 17, 2013 - Mubadala Pramerica Real Estate Investors (MPREI) signed an agreement with Tourism Development & Investment Company (TDIC) of Abu Dhabi for the acquisition of Phase One of Saadiyat Beach Residences. (more)
17 June 2013

Lori Dickerson Fouché joins Prudential Group Insurance as president and chief operating officer

NEWARK, N.J., June 17, 2013 - Lori Dickerson Fouché has joined Prudential Financial, Inc. (NYSE:PRU) in the new role of president and chief operating officer of Prudential’s Group Insurance business. In this role, Fouché will have overall responsibility for the life, disability and voluntary product offerings, sales and account management, as well as service delivery and marketing. She will report to Stephen Pelletier, who has headed the business since 2012 as president and will become CEO, Prudential Group Insurance. (more)
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