Principal Financial Group, Inc. reports developments in financial services businesses that span retirement and income solutions, Principal Asset Management, and benefits and protection. Company news commonly covers quarterly earnings, common stock dividend actions, segment trends, assets under management, and credit rating actions tied to its life insurance operating subsidiaries.
Recurring updates also address workplace benefits administration, including enrollment technology integrations, and employer research such as the Principal Financial Well-Being Index. Other company-specific developments include governance and legal leadership changes, risk management commentary, and operating themes across retirement, insurance, asset management, and small-to-midsize business benefits markets.
Principal Financial Group (Nasdaq:PFG) agreed to acquire Beam Benefits, an employee benefits provider serving over 25,000 small businesses and generating about $175 million in premiums in 2025. Principal currently serves 180,000 employers.
The deal is expected to close in H2 2026 and, according to Principal, should lift Specialty Benefits premium and fee growth toward the high end of its 5–9% medium-term target range in 2027, while 2026 capital deployment and EPS growth targets remain unchanged.
Principal Financial Group (Nasdaq:PFG) will release its Q2 2026 financial results after U.S. markets close on July 27, 2026. A live conference call with senior management is scheduled for July 28, 2026, at 10 a.m. ET, accessible via webcast at investors.principal.com.
Principal (Nasdaq:PFG), Nuveen and TIAA are expanding access to guaranteed lifetime income by adding Nuveen Lifecycle Income Index collective investment trusts (NLI) to the Principal retirement platform.
NLI blends target-date investing with the TIAA Secure Income Account fixed annuity, offering daily guaranteed growth and an option to convert savings into lifetime income.
Principal Financial Group (Nasdaq:PFG) is expanding its Principal income suite to help employees convert retirement savings into dependable income. New options include Principal LifeTime Income Builder Index CIT target date funds and third-party retirement income TDF series from TIAA/Nuveen LifeCycle Income Index and Income America 5forLife.
The Principal LifeTime Income Builder Index begins allocating to a fixed indexed annuity around age 47 and is designed to transition to distributing a targeted 6% single-life income around age 65, though actual payouts may vary.
Principal Asset Management (NYSE:PFG) launched Principal Fit, a fixed income ETF suite featuring four new funds alongside the existing Principal Investment Grade Corporate ETF (IG). The suite targets inflation protection, securitized credit, long duration, and CLOs to support more precise portfolio positioning amid changing interest rates, credit, and inflation.
The ETFs trade on Cboe BZX under tickers UUPP, DWWN, IG, WDE, and RIZE, contributing to Principal’s 16‑ETF platform with about $10.4 billion in ETF assets under management.
Principal Financial Group (NYSE:PFG) expanded its investment servicing relationship with State Street. State Street will provide custody, fund accounting and administration for Principal Funds, using its integrated servicing platform and global scale.
This deepens a decade-long partnership across mutual funds, ETFs and collective investment trusts, supporting Principal’s scalable operating strategy and U.S. wealth and retirement growth plans.
Principal (NYSE:PFG) announced a new integration with Employee Navigator on May 7, 2026, to streamline evidence of insurability (EOI) during employee benefits enrollment. The API lets active Employee Navigator clients collect EOI health questions inside the enrollment flow, aiming to reduce administrative touchpoints and accelerate underwriting reviews.
Principal serves over 90,000 small and midsize U.S. employers with group dental, vision, life, disability, paid family medical leave (select states) and supplemental health products.
Principal Financial Group (Nasdaq: PFG) reports the Principal Financial Well‑Being Index fell to 6.06/10 in March, a nearly 6% decline from January, as rising inflation, global financial stability concerns, and recession risk weighed on employer sentiment.
Key findings: 54% report improved company financials (down 6 points), 51% say their business is growing (down from 56%), and workforce levels remain stable with 48% increasing headcount, 42% maintaining, and 13% reducing staff.
Principal Financial Group (NASDAQ: PFG) had credit ratings affirmed by AM Best on April 28, 2026, with stable outlooks. Life insurers Principal Life and Principal National kept an A+ Financial Strength Rating and "aa" Long-Term ICRs; holding company and other subsidiaries kept "a" ratings.
AM Best cited very strong balance sheet strength, strong operating performance, very strong ERM, favorable liquidity and significant excess capital, while noting elevated mortgage allocations and limited capital growth due to dividends to the parent.
Principal Financial Group (Nasdaq: PFG) named Tim Brown executive vice president, general counsel, and secretary, effective June 8, 2026. He will lead legal, government relations, and compliance and serve as corporate secretary to the Principal Board.
Brown will report to CEO Deanna Strable, join the executive management team, relocate to Des Moines headquarters, and brings prior legal leadership roles at Venerable Holdings and Voya, plus a JD from University of Michigan.