April 04, 2022

Prudential Financial completes sale to Empower of full-service retirement business

Transaction advances Prudential’s transformation into a higher growth, less market sensitive, more nimble business

February 23, 2022

Timber Operators Council Retirement Plan entrusts Prudential to fulfill $245 million in pension promises to 3,000 retirees and deferred participants

Prudential announced a pension risk transfer transaction, by which Timber Operators Council Retirement Plan (“TOCRP”) settled approximately $245 million of its pension plan obligations, for approximately 3,000 retirees, beneficiaries and deferred participants, through the purchase of a group annuity contract from The Prudential Insurance Company of America (PICA).

July 21, 2021

Empower Retirement to acquire full-service retirement business of Prudential Financial, Inc.

Empower Retirement and Prudential Financial, Inc. have entered into a definitive agreement for Empower to acquire Prudential’s full-service retirement business.

June 15, 2021

Prudential launches FlexGuard Income indexed variable annuity – a new investment and income strategy with enhanced flexibility and control

Prudential Financial Inc. today launched FlexGuard® Income, a new indexed variable annuity that provides customers with investment strategies for growth potential, along with different levels of protection and the ability to help enhance income in retirement.

April 01, 2021

Prudential’s FlexGuard indexed variable annuity adds Invesco QQQ ETF and BlackRock iShares Russell 2000 ETF as options

NEWARK, N.J., April 1, 2021 – Prudential Financial, Inc. (NYSE: PRU) added two of the largest exchange-traded funds (ETFs)—the Invesco QQQ ETF (NASDAQ: QQQ), which tracks the Nasdaq-100 Index, and the BlackRock iShares Russell 2000 ETF (NYSE: IWM)—as options within the crediting strategies of Prudential’s FlexGuard® indexed variable annuity.

October 30, 2020

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.

July 09, 2020

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.

June 10, 2020

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.

February 24, 2020

Prudential Retirement calls on the workplace to support savings at every life stage

As America Saves Week kicks off on Feb. 24, Prudential Financial, Inc. is supporting our government’s call for retirement readiness.

January 08, 2020

Prisma Health renews partnership with Prudential to oversee $1.3B in retirement assets

NEWARK, N.J., January 08, 2020 - Prudential Retirement will continue its decade-long relationship with Prisma Health, South Carolina’s largest not-for-profit health organization serving more than 1.2 million patients annually, as record keeper for its defined contribution retirement plans. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).