Income

With the passage of the SECURE Act into law in December 2019, plan sponsors should not shy away from offering in-plan retirement income options in their defined contribution plans, as growing numbers of participants are moving to retirement and need to shift focus from asset accumulation to decumulation.

By the year 2050, the number of people supporting each senior citizen worldwide is likely to be just one-third what it was in 1950 and half of what it is today.

HSBC Bank (UK) Pension Scheme announced a captive longevity reinsurance transaction with Prudential Financial, Inc. (NYSE: PRU) to transfer longevity risk associated with £7 billion ($8.7 billion) of pensioner liabilities.

Prudential Annuities’ sales beat industry average as the business offers new products, expands distribution and moves into new markets.

Perceptions and reality of family life and marriage have changed dramatically in the last 50 years, yet the Center for Retirement Research at Boston College finds the retirement risks faced by working women in two-income households may be greater than what many believe.

When the American Institute of Certified Public Accountants asked their longtime benefit providers for recommendations to help them achieve their retirement goals, Prudential created a simplified solution to provide a guaranteed source of income.

This week is crunch time for those who have yet to file their taxes, and though most of us look forward to the annual accounting dance about as much as we look forward to a root canal, America’s 15.5 million independent workers find it even more stressful and complicated than the rest of us.

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.

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).

Dispelling the myths around structured settlements is one of Michelle Caine’s primary goals as she assumes the presidency of the 35-year-old National Structured Settlements Trade Association.