Retirement
Media Contact:
Retirement
Josh Stoffregen-Foye / 973-802-3996 / josh.stoffregen@prudential.com
Genesis Healthcare, Inc. selects Prudential to oversee $1.1B in retirement assets
Genesis Healthcare, Inc. (Genesis), one of the nation’s largest post-acute care providers with more than 325 skilled nursing centers and senior living communities in 24 states nationwide, has selected Prudential Retirement as record keeper for its defined contribution retirement plans.
Prudential partners with US Department of Veterans Affairs to support military community’s financial well-being
Prudential Financial, Inc. (NYSE: PRU), is partnering with the U.S. Department of Veterans Affairs (VA) to provide Veterans, transitioning Servicemembers and their families with access to financial wellness resources to improve their economic well-being and financial stability at no cost.
FlexGuard achieves record-setting $1B in sales less than six months after launch
NEWARK, N.J., November 19, 2020 - FlexGuardSM, Prudential Financial, Inc.’s (NYSE: PRU) first indexed variable annuity product, achieved $1 billion in sales less than six months after launch,i making it the fastest-selling product of its kind ever, according to annuity sales data from the Secure Retirement Institute.
Prudential Retirement enters funded reinsurance business
NEWARK, N.J., October 30, 2020 — Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), is expanding its global longevity reinsurance business with a new offering driven by explosive growth in the U.K. pension market.
Innovative pension risk transfer approach offers Prudential clients a new way to wind down plans
Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has completed the firm’s fourth and final pension de-risking transaction with Boise, Idaho-based wood products manufacturer and building materials distributor Boise Cascade Company
City of Atlanta selects Prudential Retirement to oversee more than $330M in assets
NEWARK, N.J., July 21, 2020 - The city of Atlanta, the ninth-largest metropolitan area in the nation, chose Prudential Retirement as record keeper for its defined contribution retirement plans. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).
Prudential Retirement closes $1.7 billion in new longevity reinsurance transactions in first half of 2020
Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has successfully closed $1.7 billion in new longevity reinsurance transactions during the first half of the year, attributing success to pivoting quickly to virtual closings during the COVID-19 global pandemic and a vibrant smaller end of the U.K. pension buy-in and buy-out market.
Financial tools make Prudential, Welltok ideal partners to improve employee total well-being
Prudential’s financial wellness content, tools and access to its solutions will be delivered within Welltok’s total well-being solution.
Prudential celebrates Year of the Nurse with American Nurses Association partnership
Prudential Financial, Inc. (NYSE: PRU) has partnered with the American Nurses Association (ANA) to offer financial wellness solutions through the premier organization representing the nation’s more than 4 million registered nurses.
Prudential Retirement activates talent mobility strategy, promotes two from within to lead businesses
Lacey Lockward to head Stable Value business; Alex Hyten to lead Structured Settlements, both with P&L responsibilities.