June 18, 2018

Divorce compounds retirement risk

NEWARK, N.J., June 18, 2018 - Divorced Americans are at greater risk of not being able to maintain their standard of living in retirement, according to new research conducted by the Center for Retirement Research at Boston College with the support of Prudential Financial, Inc. (NYSE: PRU).

May 30, 2018

Stable value funds a new trend in college savings

For years, many 529 plans offered money market funds as their conservative investment option. Now, they’re increasingly replacing them with stable value funds, investment vehicles wrapped in insurance contracts that guarantee a specific minimum return. A new white paper from Prudential Financial, Inc., "529 Plans: Assessing the Stable Value Option", examines why.

May 29, 2018

Leston Welsh joins Prudential Group Insurance as head of Disability and Absence Management

NEWARK, N.J., May 29, 2018 - Prudential Group Insurance today announced that Leston Welsh has joined the firm as vice president, head of Disability and Absence Management. In this role he is responsible for defining and executing the strategic direction for disability and absence management products, services, and capabilities. Welsh succeeds Jake Biscoglio, who is leading a business development initiative for the Workplace Solutions Group. Prudential Group Insurance is a unit of Prudential Financial, Inc. (NYSE: PRU).

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).

April 17, 2018

How the Tax Cuts and Jobs Act may affect your taxes

Prudential Vice President of Individual Life Insurance Jill Perlin breaks down how the tax reform act may affect your taxes now and in the future.

April 02, 2018

Prudential offers Guaranteed Income For Tomorrow (GIFT)SM

NEWARK, N.J., April 2, 2018 – Increasing longevity has made outliving assets in retirement a concern for many Americans, with 67 percent of U.S. workers saying they fear their retirement savings won’t last, according to a 2016 Prudential report. To help Americans supplement their retirement savings, Prudential Financial, Inc. (NYSE: PRU) has introduced its first online income product, a voluntary deferred income annuity designed to generate guaranteed lifetime income.

February 02, 2018

93-year-old Prudential policy belongs to a 94-year-old Renaissance man

A letter from the son of a 94-year-old insured soon revealed a story of a mother’s love and a 140-year-old purpose. Bruce Jacobs, an Empire, Michigan resident, and his sister, Carol, found an original one-page life insurance policy while cleaning out the attic at the home of their father, Ralph.

January 29, 2018

Fixed indexed annuity expands Prudential’s commitment to growing and protecting wealth

NEWARK, N.J.--()--Prudential Annuities, the domestic annuity business of Prudential Financial, Inc. (NYSE:PRU), has launched the PruSecure Fixed Indexed Annuity. This is a single-premium, long-term protection solution that earns interest based on stock market performance and/or a fixed rate, with zero exposure to market downturns.

January 22, 2018

The Board of Trustees of Prudential Insurance Funds appoints new independent trustee

NEWARK, N.J., Jan 22, 2018 – Stephen M. Chipman has been named an independent director for Prudential’s Insurance Funds board of trustees. The Prudential Insurance Funds have approximately $179 billion in assets in over 107 mutual funds across its annuities and insurance businesses.

January 10, 2018

How Prudential handles a 60 percent increase in customer calls on the busiest day of the year

It’s 7:55 a.m. on a Tuesday in January at Prudential Retirement’s call center near Scranton, Pennsylvania, and the 125 or so employees in the office are in anxious anticipation. In five minutes, they and their colleagues in Dubuque, Iowa; El Paso, Texas; and the Philippines will begin the busiest day of the year, answering questions from more than 17,000 clients over the course of a 13-hour day.