05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)


05-11-17 Employee Benefits News
How United Technologies created the 'retirement plan of tomorrow'

United Technologies Corporation made a point of offering its employees an in-plan guarantee of retirement income well before the topic of lifetime guarantees in 401(k) plans took center stage in the national discussion. Five years ago, the company decided to revamp its retirement plan, and worked with Prudential Retirement to offer an in-plan retirement income solution. What makes Prudential's lifetime income option work so well is that it “takes the mortality risk away from individuals and, because there are guarantees, they can take on even more equity exposure to help fight off inflation or keep pace with inflation,” said Prudential's Srinivas Reddy. (more)

05-01-17 Bloomberg TV
PGIM CEO on stocks vs. bonds, economic growth
David Hunt, CEO of PGIM, Prudential's $1 trillion global asset management business, discusses the impact of President Trump's first 100 days on financial markets with Bloomberg's Scarlet Fu at the Milken Instituted Global Conference, saying, "The markets are a little bit awhirl of themselves. They're sending different messages." Real estate is seeing more demand, while those in the bond sector remain skeptical. Stock investors, meanwhile, currently seem pro-growth.  (more)

04-28-17 Institutional Investor
Amid big-data fads, one firm tries a new approach
QMA is using its data and computer-based expertise to incorporate insights that have historically been associated with fundamental researchers into its quant process. "There's a blurred line between information that is exploitable by a fundamental manager and what a quant investor can now take advantage of," says Gavin Smith, a vice president and researcher at QMA, the $116 billion business of PGIM. (more)

04-12-17 The Wall Street Journal
Your pension check may soon be coming from an insurance company
Millions of retirees are expecting to get a company pension check for the rest of their lives. Increasingly, the name on the check will likely belon to an insurance company. That's because of growing business called pension-risk transfer, in which employers with old-fashioned pension plans, such as General Motors Co., work with insurers to take responsibility for retireees' monthly benefit. Prudential has emerged as the leader in U.S. pension-risk transfer, having signed 10 jumbo deals through which it has assumed nearly $45 billion of corporate pension obligations involving more than 320,000 people. (more)