Michigan Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC
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FAQ
With strong margins and earnings profile, the Prudential business acquired by Empower includes diversified capabilities across all plan types with significant presence in the highly attractive small-medium corporate market segment.
On April 1, 2022, Empower acquired the full-service retirement business of Prudential Retirement.
We are headquartered in London and Hong Kong and are focused on four strategic regions: Greater China, ASEAN, India and Africa. We are served by more than 120,000 active agents, over 200 bank partners and 27,000 bank branches. Our purpose is to be partners for every life and protectors for every future.
NEWARK, N.J., April 04, 2022 - Prudential Financial, Inc. (NYSE: PRU) announced today the completion of the sale of its full-service retirement business to Empower, the second-largest retirement provider in the U.S.
Pruco Life is a wholly owned subsidiary of the Prudential Insurance Company of America.
We conduct our principal businesses through three divisions: the U.S. Retirement Solutions and Investment Management Division, the U.S. Individual Life and Group Insurance Division and the International Insurance Division.
Life insurance is issued by The Prudential Insurance Company of America, Pruco Life Insurance Company (except in NY), and Pruco Life Insurance Company of New Jersey (in NY). Securities are offered through Pruco Securities, LLC.
Fast forward to today: We're a global financial leader. With $1.334 trillion in assets under management, Prudential is the 9th largest institutional asset manager worldwide. Plus, we're the 2nd largest life insurer in the United States.
Prudential Financial, Inc.
