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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A survey of UK retirees and near-retirees reveals low levels of annuity awareness, and this is in a country where annuities are compulsory. Survey results show that 48 percent of 55-64 year olds in the UK are unaware of what annuity products actually are. Many of the survey participants (23 percent) think of annuities as investment funds. Source: Prudential UK |
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The Trustees of the GlaxoSmithKline pension plan have entered into a bulk annuity purchase agreement with Prudential UK. GlaxoSmithKline ("Glaxo") will purchase bulk annuities from Prudential to cover approximately 15 percent of its UK defined benefit pension plan. The total value of the transaction is estimated to be approximately 900 million pounds Sterling. Source: PR Newswire |
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Variable annuity sales are, to say the least, strong at Jackson National Life Insurance Company. Jackson is a wholly owned subsidiary of Prudential plc (the UK Prudential which is unaffiliated with the U.S. based Prudential). Jackson recently reported $14.3 billion in total sales for the first 9 months of 2010. This represents a 37 percent increase over the same period in 2009. Variable annuity sales rose 57 percent and totaled $10.5 billion for the first 9 months of 2010. This 9 month variable annuity sales figure exceeds the total annual variable annuity sales of any previous year. Sales of deferred fixed annuities and fixed indexed annuities both decreases as the company seeks to preserve capital in a low interest rate environment. Source: MarketWatch |
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