Prudential Newsroom: Featured Stories

Prudential ranks No. 2 among FORTUNE® magazine's ‘World’s Most Admired Companies’

Mon, 08 Mar 2010 00:00:00 EST

Prudential Financial is the second most admired life/health insurance company in the world, according to FORTUNE magazine.

SUBJECT MATTER EXPERT OF THE WEEK

Thu, 04 Mar 2010 00:00:00 EST

Americans need to assess the possibility that they may incur out-of-pocket health care costs that are significantly higher than average, says Malcolm Cheung, vice president of Long Term Care for Prudential. And a new study conducted by the Center for Retirement Research at Boston College and underwritten by Prudential concurs.

Prudential Financial is taking a novel approach to encouraging proxy voting

Mon, 01 Mar 2010 00:00:00 EST

Prudential has introduced an innovative, eco-friendly way to encourage its shareholders to cast their proxy votes. Shareholders who vote their 2010 proxy--whether they do so via the Internet, by phone or through the mail--can select a free gift from Prudential. They can choose a tote bag made of recycled organic cotton or have a tree planted in their honor.

American workers want a fresh approach to their retirement plans

Mon, 22 Feb 2010 00:00:00 EST

Shaken by the most severe financial crisis since the Great Depression, the vast majority of American workers believe it’s time to create a new and improved model for workplace-provided retirement programs, according to a new study by Prudential Retirement.

Prudential Investments names Matthew Hunter as Western regional account manager of IODC Group

Thu, 11 Mar 2010 00:00:00 EST

NEWARK, N.J.— Prudential Investments has named Matthew Hunter as Western regional account manager in its Investment-Only Defined Contribution (IODC) group. In this role, Hunter is responsible for working with advisors, platforms and consultants to enhance their retirement-focused capabilities and services. Prudential Investments is the mutual fund family of Prudential Financial Inc. (NYSE: PRU) and offers funds across a range of asset classes and sectors, including equity, fixed income, real estate and specialty securities.

Prudential Real Estate and Relocation Services Launches Industry’s First Research and Development Laboratory; Introduces New Tools for Affiliate Network

Mon, 08 Mar 2010 15:00:00 EST

AUSTIN, Texas, March 08, 2010 - Prudential Real Estate and Relocation Services, Inc., a Prudential Financial, Inc. (NYSE: PRU) company, one of the largest networks of real estate brokers in the U.S., announced at its annual convention today the launch of the real estate industry’s first research and development laboratory exclusively focused on building a new generation of tools for real estate professionals.

Corporations make multi-million dollar commitment to minority and women owned law firms

Thu, 04 Mar 2010 00:00:00 EST

Accenture, American Airlines, Comcast, DuPont, Exelon, General Mills, GlaxoSmithKline, Microsoft, Prudential, and other companies today announced their commitment to collectively spend $30 million with minority and women owned (MWBE) law firms in 2010 and have created the Inclusion Initiative to challenge other companies to follow their lead.

Retiring Americans Face $260,000 in Health Care Costs

Tue, 02 Mar 2010 16:00:00 EST

NEWARK, N.J., March 02, 2010 - Health care costs for retiring Americans, including nursing home care, average $260,000 and can exceed $500,000, according to new research conducted by the Center for Retirement Research (CRR) at Boston College and underwritten by Prudential Financial (NYSE: PRU).

Robert Fishbein Named Vice Chair of Committee of Annuity Insurers

Mon, 01 Mar 2010 12:00:00 EST

NEWARK, N.J., March 01, 2010 - Prudential Financial, Inc. (NYSE:PRU) announced today that Vice President and Corporate Counsel Robert A. Fishbein has been named Vice Chair of the Committee of Annuity Insurers for a three-year term, to be followed by a three-year term as Chair beginning in 2013.

Prudential Introduces Robust Nonqualified Plan Offering to Enhance Total Retirement Solutions Experience for Plan Sponsors and Participants

Tue, 23 Feb 2010 13:00:00 EST

Prudential Retirement announced today that its Total Retirement Solutions (TRS) offering has been enhanced to include a new nonqualified product that provides a wide variety of benefits for retirement-plan sponsors and their participants.