The L series variable annuity from Prudential is supposed to provide some...
Prudential
Prudential Financial is a leading financial services company with approximately $942 billion in assets under management.
With over 50,000 employees, Prudential has operations in the United States, Europe, Asia and Latin America. The company has been in business for 136 years and is currently a listed company on the New York Stock Exchange.
Prudential Financial offers a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. Prudential is a leading provider of variable annuities in the United States.
Prudential's wide range of insurance and investment-related products and services enables the company to address the wealth growth and protection needs of millions of financial services consumers around the world.
| Prudential Product Reviews |
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Product Review of Prudential Premier Retirement Variable Annuities B Series
The B series has a fee structure that is lower than the other variable... Product Review of Prudential Premier Retirement Variable Annuities X Series
There are actually some pretty compelling liquidity features that come with... Product Review of Prudential Premier Retirement Variable Annuities X Series
There are 4 variable annuities that are part of the Premier Retirement VA... |
| Products Offered |
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| General Information | |
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| Website | http://www.prudential.com |
| Type | Insurance Company |
| Founded | 1875 |
| Ownership | |
| Country | USA |
| Contact Information | |
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| Address | One Corporate Drive Shelton, CT 06484 |
| Phone | 888-778-2888 |
| Fax | |
Information & Articles about Prudential
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I get questions periodically about low or no fee annuities. There are, in fact, annuity products (including variable annuities) that are being developed for fee only financial advisors (advisors who do not accept commissions on product sales). Some of the companies that have recently developed or are developing these low fee based products include: For more detail see the article that can be viewed by clicking here.
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A recent Wall Street Journal article (click here to read--subscription required) discusses annuity products that are available in target date mutual funds. As indicated in the article, target date funds came under pressure after the financial crisis because of the losses (around 40 percent in some cases) of funds that were intended to be more conservative for near-term retirees. Companies mentioned in the Journal article include:
Annuity product types mentioned include fixed deferred and variable. |
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Variable annuity sales in the United States increased 9.7 percent to total $34 billion during the third quarter of 2010. Variable annuity revenue figures continue to be concentrated among a handful of leading companies:
The total amount of variable annuity sales in the first 9 months of 2010 is $102.8 billion. Variable annuity assets under management total $1.41 trillion. As indicated above, the top 5 insurance companies comprise almost 55 percent of total sales. LIMRA, an industry trade group, also indicated that 89 percent of variable annuity sales are accompanied by a guaranteed living benefit rider. Source: Trading Markets
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While efforts are made to keep information on this page accurate and updated, the information shown on this page may be variable or out of date. Always check the issuing company's website or other public data listings for the latest information applicable to you as actual information may vary.
