May 14, 2018

American workers say financial wellness, retirement security require public policy solutions

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.

May 14, 2018

NAFTA, China trade negotiations should capture market attention this week

An update on NAFTA negotiations, continued U.S.-China trade talks, retail data and a parade of Fed speakers may dominate market-related headlines this week, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

May 09, 2018

Hawaii renews agreement with Prudential Retirement to manage $2.4 billion plan

NEWARK, N.J., May 09, 2018 - 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).

May 09, 2018

Tussle between globalization, nationalism creates new risks for investors, PGIM says

NEWARK, N.J., May 09, 2018 - The escalating tussle between globalization and nationalism could have profound implications for global financial markets, traditional investment frameworks and developed market geopolitical risk analysis, says a new report from PGIM, Inc., the investment management business of Prudential Financial, Inc. (NYSE: PRU).

May 09, 2018

Prudential and PIC reach sixth longevity reinsurance agreement amid surging demand for pension de-risking

NEWARK, N.J., May 09, 2018 - Prudential Retirement, a unit of Prudential Financial, Inc. (NYSE: PRU), and Pension Insurance Corporation plc (PIC), have struck their sixth longevity reinsurance transaction since 2015. The Prudential Insurance Company of America (PICA) assumes the longevity risk for £900 million (about $1.2 billion) in pension liabilities, representing approximately 7,500 pensioners across two pension schemes.

May 08, 2018

Prudential Financial Declares Quarterly Dividend on Common Stock

NEWARK, N.J.--(BUSINESS WIRE)--May 8, 2018-- Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.90 per share of Common Stock, payable on June 14, 2018, to shareholders of record at the close of business on May 22, 2018. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of March 31, 2018 has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth th...

May 07, 2018

Financial wellness program popularity rises among employers, up 63 percentage points in two years

Growing awareness of how financial wellness programs benefit employees has driven rapid growth in plan adoption among employers. Now, they say big data could help measure results, customize programs and fill remaining gaps, according to a survey from Prudential’s Workplace Solutions Group, a business unit of Prudential Financial, Inc. (NYSE: PRU).

May 07, 2018

Deadline on Iran nuclear deal, inflation data, Fed speakers and earnings in focus this week

Important barometers of inflation—the Producer Price Index (PPI) and Consumer Price Index (CPI) come out this week; however, U.S.-China trade negotiations and the Trump administration’s deadline on the Iran nuclear deal may dominate headlines, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

May 03, 2018

Veterans find healing, growth through farming in Prudential-sponsored film

“There’s always been this connection between post-military life and agriculture,” says Shawn Efran, director of “The Farm,” a short documentary produced by Tribeca Studios in association with Prudential. The film is the second produced through a 2017 Prudential partnership with Tribeca Studios intended to highlight the employment challenges faced by veterans.

May 02, 2018

Prudential Financial, Inc. Announces First Quarter 2018 Results

NEWARK, N.J., May 02, 2018 - Prudential Financial, Inc. (NYSE:PRU) today reported first quarter results. Net income attributable to Prudential Financial, Inc., was $1.363 billion ($3.14 per Common share) for the first quarter of 2018, compared to $1.369 billion ($3.09 per Common share) for the first quarter of 2017. After-tax adjusted operating income was $1.340 billion ($3.08 per Common share) for the first quarter of 2018, compared to $1.237 billion ($2.79 per Common share) for the first quarter of 2017.