Retained asset accounts: Prudential sets the record straightRetained asset accounts, which for nearly two decades have provided a safe place for life insurance beneficiaries to hold their money, have in recent days come under a great deal of criticism that is needlessly inflammatory and flat-out wrong. We want to set the record straight.We believe the misinformation that has been published about retained asset accounts will ultimately hurt beneficiaries, who are almost always better off using a retained asset account rather than receiving a “check” in the mail. (more)
Jane Bryant Quinn column on CBS MoneyWatch comments on Alliance Accounts (more) |
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Prudential Financial study shows women are taking greater control of their financesWomen are more aware, engaged and actively involved in financial matters than ever before. But many aren’t planning sufficiently for their retirement goals. That’s what Prudential Financial’s 10th anniversary study on the “Financial Experience & Behaviors Among Women” revealed.Judy Rice, president of Prudential Investments, shared this and other highlights with journalists, academics, thought leaders and nonprofit executives at a media event in New York City to celebrate the launch of the anniversary study. Emmy-nominated CNBC anchor and reporter Trish Regan served as keynote speaker. (more) |
Prudential News Releases
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01 September 2010Long-term sustainability takes center stage at Prudential ForumSCOTTSDALE, Ariz., September 01, 2010 - Prudential Real Estate and Relocation Services, a Prudential Financial, Inc. (NYSE: PRU) company, highlighted the relocation industry’s major trends, opportunities and best practices during its annual Prudential Forum conference, Aug. 30-31 at the JW Marriott Desert Ridge in Phoenix. (more) |
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26 August 2010Prudential believes managers have more control over absences than they realizeNEWARK, N.J., August 26, 2010 - Kimberly Mashburn, vice president of Strategic Partnerships for Prudential’s Group Insurance business, a unit of Prudential Financial, Inc. (NYSE: PRU) discussed the critical role of managers and effective return to work strategies at the annual Disability Management Employer Coalition (DMEC) conference, August 1- 4, 2010 in San Diego, Calif. (more) |
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24 August 2010PREI-Latin America raises more than $290 million for Mexican industrial strategyPrudential Real Estate Investors announced today that qualified investors have invested $US 293.3 million (3,695 million pesos) in PRUMEX Industrial III, a fund created to invest in industrial real estate throughout Mexico. (more) |
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24 August 2010Prudential Foundation Board approves more than $3.5 million in grants for education, arts & civic infrastructure, and economic development initiativesNEWARK, N.J., August 24, 2010 - The Board of Trustees of The Prudential Foundation recently approved $3.575 million in grants to nonprofit organizations dedicated to quality public education, enhancing community-based economic development, and sustaining livable communities. (more) |
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24 August 2010PREI® names David DeVos global sustainability officerPrudential Real Estate Investors has named David DeVos as its new Global Sustainability Officer, responsible for overseeing the company’s evolving strategy to reduce its worldwide environmental footprint as it serves its investors. (more) |
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18 August 2010Prudential honors companies for improving retirement plansThe best workplace-provided retirement programs help build retirement security by encouraging individuals to not only participate in their plans, but also to maximize contribution rates, diversify investments and to begin to think about their accounts as a source of retirement income. (more) |
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16 August 2010National Down Syndrome Society joins forces with PrudentialNEWARK, N.J., August 16, 2010 - The Prudential Insurance Company of America, based in Newark, NJ, will provide members of the National Down Syndrome Society (NDSS) support in the area of financial literacy as a result of an agreement the two organizations announced today.(more) |
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10 August 2010Prudential Bache Hires Senior Foreign Exchange SalespersonNEW YORK, August 10, 2010 - Prudential Bache, the commodities and financial derivatives subsidiary of Prudential Financial, Inc. (NYSE:PRU) today announced the appointment of Joseph P. Gelsomino as Vice President, FX Sales. A senior foreign exchange salesperson, Gelsomino will be based in New York and will report to Brian Jaspers, global head of foreign exchange. (more) |
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