Media Contact:

Retirement
Josh Stoffregen-Foye / 973-802-3996 / josh.stoffregen@prudential.com

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 28, 2021

Prudential, Zurich close significant £6 billion longevity reinsurance transaction

Prudential Retirement’s International Reinsurance business has closed its first reinsurance transaction involving an unnamed U.K. pension scheme using an independent U.K.-regulated insurer, Zurich Assurance Ltd., as intermediary.

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.

February 02, 2021

Prudential to launch new managed advice platform, powered by NextCapital

Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has unveiled Advice and Income Engines at Prudential, a next-generation digital managed advice platform, powered by NextCapital.

January 25, 2021

Prudential Financial announces new leader of US insurance and retirement businesses

Prudential Financial, Inc. (NYSE: PRU) has appointed Caroline Feeney as CEO of its U.S. Insurance & Retirement Businesses.

January 14, 2021

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.

January 11, 2021

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.

November 19, 2020

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.

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.