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).

December 18, 2019

American Campus Communities selects Prudential to manage defined contribution and nonqualified plans

NEWARK, N.J., Dec. 18, 2019 – American Campus Communities, the nation’s largest developer, owner and manager of high-quality student housing communities, selected Prudential Retirement as its new retirement plan provider.

November 12, 2019

Los Angeles Lakers renew Prudential contract for $30M in retirement assets, continuing 25-year relationship

NEWARK, N.J., Nov. 12, 2019 – Prudential Retirement will continue its nearly 25-year-long relationship with the Los Angeles Lakers, the 16-time NBA Champion franchise team, as record keeper for its defined contribution retirement plan.

October 09, 2019

UA Local 22 Annuity Fund and Sendik’s Food Market choose Prudential to manage retirement plan assets

NEWARK, N.J., Oct. 9, 2019 – UA Local 22 Plumbers and Steamfitters Annuity Fund, and Sendik’s Food Market, a family-owned Milwaukee grocery chain, chose Prudential Retirement as record keeper for their defined contribution retirement plans.

August 29, 2019

Prudential Financial announces leadership succession for U.S. Businesses

NEWARK, N.J., August 29, 2019 - Prudential Financial, Inc. (NYSE:PRU) today announced that Andrew Sullivan will succeed Stephen Pelletier as executive vice president and head of U.S. Businesses, reporting to Chairman and CEO Charles Lowrey, effective December 1. Pelletier will retire following an extraordinary 27-year career with the company, in which he led Group Insurance and Prudential Annuities, and founded Prudential’s international asset management businesses, now PGIM Global Partners.

June 20, 2019

International Union of Operating Engineers selects Prudential for retirement solutions

NEWARK, N.J., June 20, 2019 – The International Union of Operating Engineers (IUOE) Local 132, a progressive trade union based in Huntington, West Virginia, representing heavy equipment operators and mechanics, as well as workers in building and industrial complexes and services throughout the United States and Canada, selected Prudential Retirement as its new retirement plan provider.

April 11, 2019

Prudential expands financial wellness capabilities to address Americans’ most pressing financial needs

NEWARK, N.J., April 11, 2019 - Prudential Financial, Inc. announced the introduction of a range of new financial wellness solutions to help address the most pressing financial challenges facing American consumers.

April 10, 2019

We’re average students, getting a “C” when it comes to understanding finances, Americans say

NEWARK, N.J., April 10, 2019 - More than half of Americans say they’d earn a “C” or lower when it comes to financial literacy, according to a new survey conducted by Harris Poll on behalf of Prudential Financial, Inc. (NYSE: PRU).

January 29, 2019

Lockheed Martin transfers $1.8 billion in pension obligations to Prudential Retirement

NEWARK, N.J., January 29, 2019 - Lockheed Martin Corporation (NYSE: LMT) has transferred approximately $1.8 billion of its pension obligations by purchasing a group annuity contract from The Prudential Insurance Company of America, a subsidiary of Prudential Financial, Inc. (NYSE: PRU). Approximately 32,000 of Lockheed Martin’s retirees will receive their monthly pension benefit payments from Prudential as part of this buy-out agreement.

August 31, 2018

Prudential backs federal support of expanding Americans’ access to retirement savings

President Trump today signed an executive order directing the Labor Department to promote programs that enhance retirement security and expand access to workplace retirement savings plans for American workers.