Prudential Newsroom

Put your stimulus check to good use

Mon, 19 Apr 2021 09:30:00 EST

For those who can, best to use relief funds to prepare for the future.

One year later: Prudential's pandemic relief continues

Wed, 07 Apr 2021 08:00:00 EST

The company has a specific strategy: help those who need it most.

Increasingly, workers expect pandemic workplace adaptations to stick

Tue, 06 Apr 2021 00:30:00 EST

Prudential's Pulse of the American Worker Survey indicates talent migration could be on the horizon as workers look for increased flexibility and opportunities to grow in their careers.

Quincy Krosby's April 2021 Market Commentary: Q1 Earnings – The Rebound Continues

Wed, 31 Mar 2021 11:15:00 EST

Prudential's chief market strategist says there are increasingly positive signs that the economic recovery both domestically and abroad persists. The first-quarter earnings period will usher in a period in which fundamentals become the foremost issue while macro considerations become somewhat less important.

The Inflation Wars

Tue, 02 Mar 2021 09:00:00 EST

Quincy Krosby, Prudential's chief market strategist, says figuring out where inflation ultimately lands, especially as the global economy struggles to reflate, remains a question, given the disparity of opinions and the historically unique circumstances.

How we can foster financial inclusion for Black Americans

Wed, 24 Feb 2021 00:00:00 EST

A conversation with one of Prudential's partners in addressing the key issue of financial inclusion for Black Americans, DeForest Soaries, founder of the dfree® Financial Freedom Movement.

Prudential named one of the world's most ethical companies for seventh year in a row

Tue, 23 Feb 2021 07:00:00 EST

The recognition honors corporate leaders that understand the importance of making "hard but values-based decisions," and for their overall commitment to integrity.

2020's tough lessons add up to new approach to saving in 2021

Mon, 22 Feb 2021 09:00:00 EST

Americans are reevaluating their approach to savings coming off a tumultuous year. A full quarter of American workers have reduced or exhausted their emergency savings because of the pandemic.

Healing at work after tragedy

Fri, 12 Feb 2021 00:00:00 EST

Kimberly Clark, a finance manager supporting Prudential Retirement, shares her story about personal tragedies that led her to Prudential and inspired her to bring the company together for a powerful discussion amid the ongoing movement for racial equity.

Quincy Krosby's February 2021 Commentary: Too Much of a Good Thing?

Mon, 01 Feb 2021 00:00:00 EST

Investors will have to absorb the consequences of too much liquidity and leverage in all pockets of the market, says Prudential's chief market strategist.

Unsettled times require a new approach to retirement

Fri, 29 Jan 2021 08:00:00 EST

In 2020, a confluence of factors made it challenging for individuals to fund their retirement goals. Indexed variable annuities are emerging as a solution.

Benefits are key to financial resilience; American workers looking to employers to deliver

Wed, 27 Jan 2021 00:00:00 EST

Public policy and employer action needed to expand access to and enhance benefit offerings, a new Prudential survey finds.

Quincy Krosby's January 2021 market commentary: Finally – A New Year

Tue, 12 Jan 2021 13:00:00 EST

As more vaccines become available, the economy— helped by additional fiscal spending— should also heal at a faster pace, says Prudential's chief market strategist.

Our bedrock: A thank you to employees who helped us help others

Mon, 21 Dec 2020 08:00:00 EST

We at Prudential are not only proud of how our employees have stepped up for customers during these unprecedented times, but how they supported the communities where we live and serve. Our Inclusive Solutions group shares just a few stories from the people and organizations we were able to help in 2020.

Prudential survey: 2021 holds promise for financial advice and retirement income offerings

Tue, 15 Dec 2020 08:00:00 EST

Solid financial advice and ensuring long-term income security are top of mind as retirement plan providers look ahead to next year.

Financial Wellness Census Digital Perspectives

Tue, 08 Dec 2020 07:00:00 EST

The pandemic has challenged our public health and economic systems, magnified racial and social inequities, and revealed Americans' low immunity to financial disruption. In the following series, Prudential explores how communities have come together to form essential mechanisms of support.

Value of financial wellness programs on display during pandemic, new study finds

Tue, 17 Nov 2020 08:00:00 EST

In a Prudential survey of retirement plan decision makers, nearly three-quarters reported the financial wellness programs they offer were in greater demand.

Holidays, pandemic, financial stress present a mental health perfect storm

Thu, 12 Nov 2020 09:00:00 EST

New research serves as a red flag as variety of stressors converge, Prudential's Kristin Tugman warns.

Quincy Krosby's November 2020 market commentary: Navigating Between the Known and the Unknown

Fri, 06 Nov 2020 00:00:00 EST

For markets, a Trump win, or a Biden win with a Republican Senate, offers nearly the same backdrop: a business-friendly underpinning, says Prudential's chief market strategist.

For students, skills learned through volunteering are key to future success

Wed, 21 Oct 2020 00:00:00 EST

The skills young people develop when they engage with the world through service is the focus of "Cultivating Key Capabilities through Volunteer Service," a report commissioned by Prudential in commemoration of the Spirit of Community program's 25th anniversary.

Sharing more than money: Prudential helps drive recovery from all angles

Fri, 16 Oct 2020 00:00:00 EST

Chairman and CEO Charles Lowrey joined New Jersey Governor Phil Murphy and CEOs from eight of New Jersey's largest companies in pledging to provide jobs and economic opportunity to more than 30,000 residents by 2030 and spend an additional $250 million on procurement with state-based companies by 2025.

Helping registered investment advisors help you

Fri, 16 Oct 2020 00:00:00 EST

While independent registered investment advisors (RIAs) are the fastest-growing advisor segment, insurance companies have historically struggled to adequately provide them with access to retirement solutions such as annuities.

The pandemic accelerated the future of work, but workers need employer support to keep up, says new Prudential survey

Tue, 13 Oct 2020 00:00:00 EST

New data from Prudential's latest Pulse of the American Worker Survey reveals emerging undercurrents that employers should pay close attention to as many employees work productively in their remote settings.

'Flexible' workers report massive drop in income during pandemic

Thu, 27 Aug 2020 08:00:00 EST

More than half of workers who seek gig employment, remote jobs and alternative schedules have seen their income cut in half during the pandemic, according to a new survey.

'If you want it, you go to work for it'

Wed, 26 Aug 2020 08:00:00 EST

As the nation marks Women's Equality Day and the centennial of the 19^th Amendment giving women the right to vote, Caroline Feeney, CEO of Individual Solutions at Prudential, reflects on the lessons she learned that helped her succeed.

Prudential's first woman insurance agent broke barriers—and records

Tue, 25 Aug 2020 08:00:00 EST

Julia Babbitt paved the way for other women who helped build the company of today.

Economic turmoil shines light on need for retirement savings system repairs

Mon, 17 Aug 2020 10:00:00 EST

The economic volatility wrought by COVID-19 is a wake-up call for the future of retirement savings. The message is especially urgent as it relates to those near the end of their careers or recently retired.

Prudential deepens commitment to advance racial equity

Wed, 05 Aug 2020 11:53:00 EST

Prudential's nine commitments to advance racial equity span the company's talent practices, how it designs and delivers its products, its investments and public policy work, and its support of community institutions working to remove persistent obstacles to Black economic empowerment.

Prudential's $10 million contribution continues work to close racial wealth gap

Tue, 30 Jun 2020 08:00:00 EST

Furthering work to drive the crucial collaboration required to solve systemic societal issues, Prudential made a $10 million contribution to the Financial Solutions Lab, a new initiative by the Financial Health Network, a nonprofit organization that brings together diverse industry innovators to remove barriers to financial wellness, specifically in underserved markets.

For those who have lost a job, a way to lower health insurance costs

Mon, 29 Jun 2020 00:00:00 EST

Funding a health savings account (HSA) may be a way to reduce the after-tax cost of health insurance and obtain relief provided by the IRS related to the COVID-19 outbreak.

American workers give employers high marks for response to COVID-19

Tue, 26 May 2020 20:00:00 EST

Most American workers give their employers high marks for their responses to the COVID-19 pandemic, demonstrating the critical and trusted role companies play in providing leadership in times of crisis, a new Prudential survey shows.

New research measures COVID-19's unexpected impact on future life expectancy of senior citizens

Wed, 20 May 2020 08:00:00 EST

New research from leading experts on longevity risk from around the globe will help pension funds and insurers properly assess liabilities in a post-pandemic world.

COVID-19 shines light on America's struggle with paid leave

Mon, 11 May 2020 08:00:00 EST

The evidence has never been clearer that the country needs a permanent, comprehensive solution for providing paid family and medical leave to all workers, according to Jamie Kalamarides, president of Prudential Group Insurance.

For Spirit of Community winners, an unforgettable event during unforgettable times

Fri, 08 May 2020 08:00:00 EST

For 25 years, The Prudential Spirit of Community Awards has honored the top youth volunteers in America. As this year's honorees saw their lives and service activities upended, Prudential reimagined the event as a three-day online program celebrating their creativity, commitment and purpose.

Healing the healers: Mental health crisis looms in health care workers

Thu, 07 May 2020 00:00:00 EST

Fresh research is guiding a new customized support program for Prudential Group Insurance clients on the front lines of treating the sick.

Worried about retirement? Here are 6 thoughts to help you sleep better

Fri, 24 Apr 2020 00:00:00 EST

It's hard to prepare for retirement when account values are dropping and expected interest earnings are likely to be much less. However, things are not as bleak as they seem.

Supporting the military through the pandemic

Wed, 22 Apr 2020 09:00:00 EST

Our military is trained to be prepared for anything, even a disease outbreak as devastating as this one. And Prudential is proud to help veterans, military personnel and their families solve their unique financial challenges, writes Army veteran Jim Beamesderfer.

A thank you from Prudential to our 'New Heroes'

Mon, 20 Apr 2020 08:00:00 EST

Prudential offers a heartfelt thank you to front line workers of the COVID-19 pandemic in a new television commercial, "New Heroes," which debuted during NBC's broadcast of Global Citizen's "One World: Together at Home."

'Stay at home' a good time to take stock of finances

Thu, 09 Apr 2020 08:00:00 EST

The federal stimulus package that was just signed into law gives a much-needed boost to individuals and the economy. But many people still face the dilemma of meeting immediate needs while trying to figure out what to do about long-term goals.

Quincy Krosby's Q2 April 2020 commentary: Whatever it takes

Wed, 01 Apr 2020 08:00:00 EST

In the April edition of Quincy Krosby's Q2 market commentary, Prudential's chief market strategist details how quickly and forcefully we have transitioned from "a good place" in terms of the economy and monetary policy into the surreal world of a global economic shutdown.

Prudential waives rent to support small businesses, local workers

Mon, 30 Mar 2020 08:00:00 EST

Prudential has waived April and May rent for tenants in its retail spaces in Newark, New Jersey—most of whom are small business owners, the company's latest effort to support the community during the COVID-19 crisis.

Congress passes emergency aid package

Fri, 27 Mar 2020 01:59:00 EST

Congress today approved a $2 trillion emergency economic aid package to help Americans withstand the COVID-19 pandemic, including measures to help bolster individuals' financial well-being. The package also provides relief to distressed businesses that were forced to close and lay off or furlough workers because of the crisis.

When you're nearing retirement and your account value is falling

Fri, 20 Mar 2020 00:00:00 EST

The dramatic downturn in the financial markets spurred by concerns about COVID-19 is reminiscent of the Great Recession of 2008. But we've learned some lessons since then. Those close to retirement and watching their IRA or 401(k) values drop may have a silver lining.

How to lower anxiety during COVID-19, market turmoil

Wed, 18 Mar 2020 08:00:00 EST

Amanda Clayman, a licensed psychotherapist and financial wellness advocate for Prudential, offers some guidance on managing financial decision-making and maintaining well-being in the current climate.

The COVID-19 impact: Answers to 10 urgent questions from investors

Tue, 17 Mar 2020 08:00:00 EST

With the markets in turmoil, Nathan Sheets, former U.S. undersecretary of the Treasury for International Affairs and current chief economist at PGIM Fixed Income, answered 10 questions about what the coronavirus could mean for the global economy.

Planning for college expenses in uncertain times

Tue, 17 Mar 2020 08:00:00 EST

With the stock market now in bear market territory, many families with college on the horizon have experienced painful losses in their 529 plans and Coverdell accounts. Here are some considerations if you are worried about managing college expenses.

Prudential's impact investment portfolio hits $1 billion milestone

Fri, 28 Feb 2020 11:00:00 EST

Delivering on a promise, Prudential is one of the first institutional investors to grow and manage an impact portfolio of $1 billion in assets under management.

Employers play critical role in managing effects of coronavirus outbreak

Fri, 28 Feb 2020 07:00:00 EST

As the coronavirus continues to spread beyond China and Asia, Americans are increasingly concerned not just about the potential negative impact it could have on their health, but also about the implications for their personal finances and the state of the U.S. economy overall, according to new research released by Prudential.

Prudential again honored as one of the World's Most Ethical Companies

Tue, 25 Feb 2020 08:00:00 EST

Prudential has been named one of the World's Most Ethical Companies by the Ethisphere Institute®, a leader in defining and advancing the standards of ethical business practices, for the sixth straight year.

PGIM Fixed Income's new podcast series, 'All the Credit'

Tue, 28 Jan 2020 00:00:00 EST

On the inaugural episode of "All the Credit," host and senior portfolio manager Mike Collins welcomes Mike Lillard, head of PGIM Fixed Income and chief investment officer.