Press Releases
Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalCommunicationsMedia@prudential.com, or contact our communications staff.
Prudential Financial, Inc. to Participate in CECP's CEO Investor Forum; Live Webcast Available
Gig economy may threaten financial wellness of contract workers, Prudential survey shows
NEWARK, N.J., Aug. 30, 2017 - The gig economy — the increasingly popular employment model where people work as independent contractors rather than employees of companies — has a destabilizing effect on personal financial security, a Prudential Financial, Inc. (NYSE: PRU) survey shows.
Finance chiefs’ pension risk transfer motivations revealed in new research
NEWARK, N.J., Aug. 15, 2017 - The increasing costs and volatility of managing defined benefit pension plans have long been at the center of the motivations for transferring a company’s pension risk to an insurer. But which costs and what kinds of volatility are finance chiefs most concerned about? A new survey involving 80 senior finance executives at companies with traditional pensions sheds light on the motivations behind pension risk transfer decisions in the executive suite.
Prudential Financial, Inc. to Participate in KBW 2017 Insurance Conference; Live Webcast Available
Prudential Financial Declares Quarterly Dividend on Common Stock
Prudential Financial, Inc. Announces Second Quarter 2017 Results
Prudential places customers at its structural core; announces new leadership architecture for U.S. businesses
NEWARK, N.J., July 20, 2017 - Prudential Financial, Inc. (NYSE:PRU) today announced a new organizational structure for its U.S. businesses that extends its customer reach and facilitates pathways to new markets. The structure better reflects the company’s strategic focus on leveraging its mix of businesses and its digital and customer engagement capabilities to expand its value proposition for the benefit of customers and stakeholders.
Prudential Financial to Announce Second Quarter 2017 Earnings; Schedules Conference Call
The Hartford entrusts Prudential with $1.6 billion in pension obligations for 16,000 former U.S. employees
NEWARK, N.J., June 26, 2017 - The Hartford has agreed to settle $1.6 billion of its pension obligations by purchasing a group annuity contract from The Prudential Insurance Company of America, the company announced today. The agreement transfers responsibility for paying the pension benefits of approximately 16,000 of The Hartford’s retirees and former U.S. employees, as well as their beneficiaries. The transaction represents approximately 29 percent of The Hartford’s pension obligations.
Prudential: public service employee pensions only a step to retirement security, survey says
NEWARK, N.J., June 22, 2017 - Despite a persistent belief that public employees such as teachers, police and firefighters will be taken care of in retirement thanks to the pension plans of old, a survey sponsored by Prudential Retirement shows that today’s shifting political and economic landscape may have left them and their employers on shaky ground.