10-12-17 IndustryWeek
An Overlooked Way Manufacturers Can Address Talent and Innovation Challenges
Mike Domingos, vice president, Corporate Distribution and Strategy with Prudential Retirement, writes that almost every manufacturing executive says that today’s rapidly changing landscape is putting pressure on their business. Finding and keeping good people, increasing efficiency and speed to market, gaining a competitive advantage through innovation … these are not new concerns, and yet, they feel more challenging than ever. To put some data behind the conversations, Prudential recently sponsored a survey of over 500 manufacturing executives about their biggest concerns and opportunities. (more)

July/August 2017 Real Estate Forum
Women of Influence 2017

In its most recent issue, Real Estate Forum presented its 2017 roster of Women of Influence, selected from hundreds of nominations across the real estate industry. PGIM Real Estate's Lynn DeCastro was among 50 women chosen who are not only successful in their roles, but serve as an inspiration to people within the industry and their communities. DeCastro, an executive director, has more than three decades of industry experience and established PGIM Real Estate's women's leadership network in 2013. The group has since expanded to include diversity across race, ethnicity, sexual orientation, and economic and geographic backgrounds. Over the last 12 months, she has completed more than 36 property dispositions worth $2.2 billion, acting on behalf of PGIM Real Estate's investors. She's also a member of the executive committee and advisory board for the Rutgers Center for Real Estate. (more)

08-10-17 PlanSponsor
Providers, call centers strive to educate against hardship withdrawals
It's mid-August--the time of year when participants most often begin taking hardship withdrawals from their defined contribution plans, often to help defray the cost of a child's tuition. Sue Unvarsky, COO of Full Service Solutions at Prudential Retirement, says among the biggest downsides of taking a hardship withdrawal is that it diminishes participants' ability to make the most out of compounding earnings. And participants often find it difficult to to put the amount withdrawn back into their plans. A $50,000 hardship withdrawal could lead to a reduction in up to $100,000 in retirement savings over 12 years (assuming 6 percent returns), Unvarsky said. (more)

07-22-17 Investment News
Retirement planning: Women average longer life spans and lower savings that require creative planning strategies
While both men and women encounter challenges on the road to retirement, women face more obstacles and often follow a circuitous path. Women's average earnings remain about 21% below those of their male counterparts. Lower lifetime earnings translate into reduced Social Security benefits and smaller retirement account balances. Factor in time off for caregiving duties and the result is that women tend to have about 42% less income in retirement then men, according to a new report from Prudential Retirement. (more)