August 29, 2018

Senators hear Prudential's stance on Financial Wellness

Vishal Jain, financial wellness officer for Prudential’s Workplace Solutions Group, told U.S. senators that legislation making it easier for Americans to save for retirement would go a long way to helping them ease mounting financial burdens.

August 21, 2018

A financial wellness case study: Prudential's own employees

The burden of saving for our own retirements, paying a larger share of healthcare costs, and coping with higher education and other debt is taking a toll on our overall health, research shows. Prudential’s partnership with Truven Health Analytics and its IBM Watson technology allowed Prudential for the first time to analyze employee financial stress over the last decade.

August 20, 2018

Prudential Financial, Inc. to Participate in Keefe, Bruyette & Woods 2018 Insurance Conference; Live Audio Webcast Available

NEWARK, N.J., August 20, 2018 - Prudential Financial, Inc. (NYSE:PRU) will participate in the KBW 2018 Insurance Conference in New York on Wednesday, September 5, 2018. On that day at approximately 2:05 p.m. (ET) Mark Grier, Prudential Financial, Inc.’s Vice Chairman, will participate in a fire-side chat to discuss the company’s businesses and strategies.

August 20, 2018

Prudential is a company that’s changing the world, says Fortune magazine

In the decade since Prudential created the modern pension risk transfer, the company has issued billions of dollars in retirement payments to millions of retirees. Those payments—$5.2 billion to more than 1.4 million retirees in 2017 alone—have ripple effects. The money supports people of all economic levels, and, in turn, reverberates in the communities in which these retirees live.

August 17, 2018

Free-falling Turkish lira—what’s next?

A dramatic sell-off has made the Turkish lira cheaper on an inflation-adjusted basis than it has been since the 1990s, but there are good reasons to avoid exposure to Turkish markets until an orthodox policy response from the government is forthcoming, according to PGIM Fixed Income’s macroeconomic team.

August 16, 2018

PGIM Real Estate and FGI reach agreement with TRIUVA to sell Junghof Plaza, Frankfurt

FRANKFURT, GERMANY, August 16, 2018 – PGIM Real Estate and Frankfurter Gewerbeimmobilien GmbH (FGI) have signed an agreement with TRIUVA on the future sale of Junghof Plaza, a 33,000-square-meter mixed-use redevelopment in Frankfurt. PGIM Real Estate is the real estate investment business of PGIM, Inc., the asset management arm of Prudential Financial, Inc. (NYSE: PRU). FGI is an owner-led investor and real estate developer in the residential, retail, hotel and office sectors.

August 15, 2018

Prudential Retirement is Rockland County’s new deferred compensation plan provider, to oversee $313 million in new retirement assets

NEWARK, N.J., August 15, 2018 - Deferred Compensation Plan officials for Rockland County, New York, have selected Prudential Retirement as their new record keeper. Prudential Retirement, among the industry’s largest recordkeepers and a leading provider of retirement solutions, is a business unit of Prudential Financial, Inc. (NYSE:PRU).

August 14, 2018

PGIM Real Estate Finance provides $8.1 billion in financing in first half of 2018

NEWARK, N.J., August 14, 2018 - PGIM Real Estate Finance originated $8.1 billion in commercial mortgage financing in the first half of 2018, propelled by strong production in industrial and multifamily lending. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

August 13, 2018

Six baby registry ‘must-haves’ for financial security

Congratulations, you’re going to be a parent! Time to create your baby registry. Babyletto or Sniglar? Vista, Yoyo or Bugaboo? The Boppy, Baby Bjorn or Keekaroo? You’ve chosen the right crib, stroller and accessories for your baby, but what comes next? For many parents-to-be, the most essential baby gift may be one that lasts beyond childhood—a gift to support a family’s financial well-being.

August 08, 2018

Prudential, Aviva reach first longevity reinsurance agreement as U.K. pension de-risking market surges

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.