October 10, 2019

Prudential Financial completes acquisition of Assurance IQ, Inc.

NEWARK, N.J., & BELLEVUE, Wash., October 10, 2019 - Prudential Financial, Inc. (NYSE: PRU) announced today that it has completed its acquisition of Assurance IQ, Inc., “Assurance,” a leading consumer solutions platform for health and financial wellness needs.

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.

October 03, 2019

Prudential Financial to Announce Third Quarter 2019 Earnings; Schedules Conference Call

NEWARK, N.J., October 03, 2019 - Prudential Financial, Inc. (NYSE:PRU) will release its third quarter 2019 earnings on Monday, November 4, 2019, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com.

October 02, 2019

Quincy Krosby’s Q4 2019 Commentary: All of the Above

What’s to blame for moving markets in one direction or another? Trade negotiations? An attack on Saudi Arabia’s oil refining infrastructure and heightened geopolitical/military risk in the region? The efficacy of the latest round of global central bank accommodation? An impeachment inquiry? Earnings reports? Call it “all of the above.”

September 26, 2019

Crowdfunding funerals: Taking a chance on financial security

Families left to rely on the generosity of others to cover ever-increasing end-of-life expenses are finding many fundraising campaigns fall short—especially compared to the potential benefits of life insurance and other financial planning.

September 24, 2019

American workers putting more thought into choosing annual benefits, new Prudential survey shows

NEWARK, N.J., Sept. 24, 2019 — Almost two-thirds of American workers did not automatically choose the same benefits as the previous year, indicating they are putting more thought into their choices during open enrollment, “Employee Insights on Open Enrollment," a new survey released by Prudential Financial (NYSE: PRU) shows.

September 23, 2019

PGIM enhances European operations

NEWARK, N.J., Sept. 23, 2019 – PGIM, the global investment management business of U.S.-based Prudential Financial, Inc. (PFI) (NYSE: PRU) and one of the world’s top 10 asset managers with $1.2 trillion in assets under management as of June 30, 2019, continues to enhance its European footprint following the recent approval, by the Dutch Authority for the Financial Markets, for it to operate an Alternative Investment Fund Manager (AIFM) from its newly established office in the Netherlands. The office, based in Amsterdam, acts as the AIFM for its existing Irish alternative investment fund and provides investment management, marketing and distribution services in the European Union.

September 20, 2019

Companies play increasingly critical role in employee financial wellness

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.

September 19, 2019

The Fed serves up another incremental cut amid “disparate perspectives”

The Federal Reserve again nudged the Fed funds rate target down another 25 basis points to 1.75%-2.0% in its latest policy meeting. In a sign of just how divided the Fed is over the appropriate policy stance, however, three FOMC members dissented from the decision.

September 18, 2019

The potential implications of investing in coal-heavy utilities

Do utility bonds issued by more carbon-intensive utilities trade at a discount? Or are bonds issued by utilities with less reliance on coal—but with yields similar to their peers—the better trade? PGIM Fixed Income credit analysts weigh in.