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
The L series variable annuity from Prudential is supposed to provide some...
The B series has a fee structure that is lower than the other variable...
There are actually some pretty compelling liquidity features that come with...
There are 4 variable annuities that are part of the Premier Retirement VA...
Products Offered


General Information
Websitehttp://www.prudential.com
TypeInsurance Company
Founded1875
Ownership
CountryUSA
Contact Information
AddressOne Corporate Drive
Shelton, CT 06484
Phone888-778-2888
Fax

Information & Articles about Prudential

Determining income needs is the critical factor in successful retirement planning.  Reaching a desired amount of savings is useful, but translating that lump sum of savings into an income stream that lasts for many years is the most important financial planning challenge that retirees face.

"“When it comes to retirement planning, Americans need to look beyond the ‘number,’” said Fishbein. “We all know what the number is: That magic dollar figure that, when reached, means you’re set in retirement. Knowing your number—and reaching it—is good, but it’s only part of the equation...Think about retirement in terms of income needs. The accumulation of, say, $300,000 is not meaningful for living in retirement unless you can translate that figure into a yearly or monthly income stream."

Source: Prudential

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3,200 reads

Interest rates in many countries are at historic lows as a result of monetary policy that is intended to address the financial crisis.  This low rate environment will have a profound impact on the finances of many retirees since interest rates are a key ingredient in annuity payments.

"Thousands of savers who are about to retire could lose hundreds of pounds each year because leading pension firms have cut their annuity rates over the last two weeks, with Norwich Union, Standard Life and Prudential all lowering their rates."

Source: UK Telegraph

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3,280 reads

Barclays and other large asset managers roll-out sophisticated defined contribution plans that have annuity options built into the plans.  Employers, however, have been slow to adopt the new programs.

If you're approaching retirement right now, there's no easy fix for your portfolio. But if you are in midcareer, you may soon have a chance to structure your 401(k) in a much different way. A dozen or so asset managers and insurers, including AllianceBernstein, AXA, Barclays Global Investors, John Hancock, MetLife, and Prudential, are designing a new breed of retirement instrument that combines elements of pensions and 401(k)s. These products—call them hybrid 401(k)s—have begun slowly rolling out. And while they differ in structure, all combine annuities—essentially, insurance contracts that provide periodic income payments—with an investment portfolio.

Source: Business Week

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3,447 reads

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