June 06, 2017

Prudential Financial 2017 Investor Day Presentation Materials and Live Webcast Available

NEWARK, N.J.--(BUSINESS WIRE)--Jun. 6, 2017-- Presentation materials for the Prudential Financial, Inc. (NYSE: PRU) conference for institutional investors and analysts are now available at Prudential's Investor Relations website, www.investor.prudential.com. The conference begins on Tuesday, June 6, 2017, at 8:30 a.m. Eastern Time. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of March 31, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping indiv...
June 05, 2017

Prudential Retirement wins N.Y. Union Plan; oversees $5.7 billion in retirement assets

NEWARK, N.J., June 5, 2017 - The Joint Industry Board (JIB), a New York-based labor/management organization serving the International Brotherhood of Electrical Workers (IBEW) Local Union No. 3 members and their employers since 1943, selected Prudential Retirement to be the recordkeeper for its Deferred Salary Plan, or 401(k) plan. Prudential Retirement, among the industry’s largest recordkeepers and leading provider of Taft-Hartley retirement plan solutions, is a business unit of Prudential Financial, Inc. (NYSE: PRU).
June 01, 2017

PGIM Real Estate and Kisco Senior Living joint venture acquires Bay Area senior living community

WALNUT CREEK, CALIF., June 1, 2017 - PGIM Real Estate and Kisco Senior Living have formed a joint venture to acquire and operate Byron Park, a 187-unit independent and assisted living facility in Walnut Creek, Calif. PGIM Real Estate, acting on behalf of institutional investors, is the real estate investment business of PGIM, the global investment businesses of Prudential Financial, Inc. (NYSE: PRU).

May 31, 2017

PGIM Real Estate acquires food storage and distribution centre in Jurong, Singapore

SINGAPORE, May 30, 2017 – PGIM Real Estate has recently completed the acquisition of a food storage and distribution centre at 1 Buroh Lane in Singapore, on behalf of a pan-Asia value-add fund it manages for institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).  

May 26, 2017

Protect paychecks against the unexpected

You helped friends move their furniture; now you can’t move. That could cost three paychecks.
 

May 25, 2017

Prudential: Guaranteed lifetime income options in 401(k)s helps bring financial security closer to employees, helps reduce costs for employers

NEWARK, N.J., May 25, 2017 - Guaranteed income solutions can help bring financial security within reach of employees, helping to reduce the amount they would need to save by as much as 36 percent, according to Prudential Financial1. And a new paper from Prudential Retirement says employers can also benefit through improved workforce management and reduced workforce costs. Prudential Retirement is a business of Prudential Financial, Inc. (NYSE: PRU).

May 24, 2017

On graduation day, students dream big, face down debt

Caps and gowns, hugs and hurrahs, flowers and camera flashes filled the plaza outside The Prudential Center in downtown Newark, N.J., following a recent Rutgers University-Newark commencement ceremony. Many of the Class of 2017 acknowledged the sacrifices made to get them there. Those with student loan debt, however, discussed the sacrifices they have yet to make.

May 22, 2017

Prudential: Student loan debt postpones dreams, threatens financial security, say young adults

NEWARK, N.J., May 22, 2017 - College graduates say a crushing load of student loan debt is compromising their ability to buy a home, begin saving for retirement, or even start families, according to a recent survey from Prudential Financial, Inc. (NYSE: PRU).

May 22, 2017

Josh Cohen will join PGIM as Head of Institutional Defined Contribution Practice

NEWARK, May 22, 2017 – Josh Cohen will join PGIM as Head of Institutional Defined Contribution for its Institutional Relationship Group. PGIM, among the world’s top 10 asset managers1 with more than $1 trillion in assets under management2, is the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).