Displaying 11 results
Prudential, Fidelity collaborate on new decumulation option for DC plans
The firms say that 100,000 people will benefit from the new product.
LPL to gain Prudential’s $50B wealth management business
LPL has been picking up steam in working as a back-office platform for banks, credit unions and insurance companies.
Why sandwich-generation stresses are weighing on retirement plans
Advisor urges peers to educate themselves on elder care to help Gen Xers navigate tricky retirement landscape.
Gen Xers aren’t ready for retirement: Prudential
A new study shows roughly 35% of Gen Xers have less than $10,000 saved, and 18% have no nest egg at all.
Fintech Bytes: Prudential, Riskalyze and Future Proof Festival
A roundup of the rest of the week's fintech headlines.
Prudential commits $200 million to diversity in private equity
The company's investments will focus on women- and minority-owned PE firms.
Pru selling retirement biz to Empower in $3.55 billion deal
The acquisition will leave Empower with a $1.4 trillion defined-contribution business with about 71,000 plans.
Prudential Retirement’s head of sales leaving for OneAmerica
Michael Domingos, the firm's head of sales and strategic relations, has been at Prudential for 28 years and was appointed to his current role in 2019. The news comes several months after a report that Prudential was considering a sale of its retirement business.
Blanchett leaves Morningstar to head retirement research at QMA
His role will involve positioning Prudential’s investment arm for the retirement income challenge.
Potential Pru Retirement sale a cautionary tale of a 401(k) innovator
It is no wonder, but certainly disappointing, that one of the industry’s most innovative providers, Prudential Retirement, is reportedly exploring a sale. That highlights how much record keeping has become a commodity focused on scale and costs.
Prudential weighs sale of its retirement arm
Unloading the business could bring in more than $2 billion, as CEO Charles Lowrey executes a three-year strategy to transform the business.
