Prudential Retirement announced the completion of the nation's first pension buy-in transaction. Hickory Springs Manufacturing Company signed on as Prudential's inaugural client, heralding the entry ...
On the go: Prudential has come under fire after it accidentally paid out the entirety of a client’s pension pot after only the lump sum amount was requested. The company, which is part of M&G, has ...
Verizon Communications Inc. pension-plan beneficiaries lost a bid to block the company’s transfer of $7.5 billion in plan obligations to Prudential Insurance Co. of America. U.S. District Judge Sidney ...
A former member of the Ryland Group Pension Scheme will not have to reimburse Prudential after the provider botched the administration of his pension sharing order, the Pensions Ombudsman ruled in ...
This agreement comes amid surging demand for de-risking from the U.K., where pension insurers are increasingly seeking to manage their risk and capital with longevity reinsurance arrangements. Demand ...
A consortium led by CVC Capital Partners and Prudential Financial has emerged as a frontrunner to acquire a stake worth over 1 billion pounds ($1.35 billion) in Standard Life's pension risk transfer ...
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