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Based on former employees' testimony, investors alleged that Prudential already knew in February that there had recently been an unexpected number of deaths among holders of 700,000 policies the company purchased from another insurer.
Prudential plc?an unrelated United Kingdom-based company.
On October 3, 2022, Prudential Retirement Insurance and Annuity Company was renamed Empower Annuity Insurance Company. For additional information regarding the name changes, please see empower.com/name-change.
Effective April 1, 2022, Empower officially acquired the full-service retirement business of Prudential.
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.
Prudential is part of M&G plc. See our companies and their registration numbers. Registered in Ireland.
Acquisition expands Empower's reach across retirement services market to more than 17 million individuals and $1.4 trillion in AUA. GREENWOOD VILLAGE, Colo. April 4, 2022?Empower today announced it has completed the previously announced acquisition of Prudential Financial, Inc.'s full-service retirement business.
Empower closes acquisition of Prudential Financial retirement business | Empower.