Principal® joins the Council for Disability Income Awareness

Rhea-AI Summary

Principal (NYSE:PFG) joined the Council for Disability Income Awareness on November 3, 2025, becoming a member of the industry group focused on disability income protection education and advocacy.

Based in Des Moines with nearly 20,000 employees, Principal provides retirement, asset management, group benefits and life insurance solutions. Company leaders said the membership aims to expand public awareness and improve access to income protection for working Americans.

SOUTH PORTLAND, Maine, Nov. 3, 2025 /PRNewswire/ -- The Council for Disability Income Awareness (CDIA) is pleased to announce that Principal Financial Group has joined as a new member.

Principal Financial Group® is a global financial company offering retirement, asset management, group benefits and life insurance, along with other financial solutions for individuals and employers. Based in Des Moines, Iowa, its nearly 20,000 employees serve clients worldwide. The company focuses on helping customers with long-term financial security to plan, protect, invest and retire.

"Principal is proud to join the Council for Disability Income Awareness to help strengthen education and advocacy around income protection," said Andy Schafer, VP of Workplace Benefits Solutions at Principal. "Income protection is essential to financial security, and we look forward to working alongside CDIA members to expand awareness and help more people access the protection they need."

"We are excited to have Principal join the CDIA," said Bob Herum, president of the CDIA. "As an industry leader in disability income protection, their support will help raise awareness and understanding of disability income protection. It further strengthens the Council's mission to establish income protection as a key financial safeguard for every working American."

About the Council for Disability Income Awareness (CDIA)
The CDIA is a leading non-profit organization dedicated to helping consumers, employers, and advisors make informed decisions about the financial risks people face from a disability that may happen during their working years. Learn more at thecdia.org.

About Principal Financial Group^®

Principal Financial Group^® (Nasdaq: PFG) is a global financial company with approximately 20,000 employees¹ passionate about improving the wealth and well-being of people and businesses. In business for 146 years, we're helping approximately 70 million customers¹ plan, protect, invest, and retire, while working to support the communities where we do business. Principal is proud to be recognized as one of the 2025 World's Most Ethical Companies² and named as a Best Places to Work in Money Management³. Learn more about Principal and our commitment to building a better future at principal.com.
¹ As of June 30, 2025
² Ethisphere, 2025
³ Pensions & Investments, 2024

MEDIA CONTACT
Colby Gray, CD+M Communications
The Council for Disability Income Awareness
cgray@cdmc.com 

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SOURCE The Council for Disability Income Awareness

FAQ

When did Principal (PFG) join the Council for Disability Income Awareness?

Principal joined the Council for Disability Income Awareness on November 3, 2025.

What does Principal's membership in CDIA mean for PFG customers?

Membership signals Principal's intent to support education and advocacy around disability income protection for customers.

How large is Principal (PFG) and where is it based?

Principal is based in Des Moines, Iowa and employs nearly 20,000 people worldwide.

Which business lines does Principal (PFG) offer that relate to income protection?

Principal offers group benefits and life insurance products that relate to disability and income protection.

Will Principal's CDIA membership change PFG's product offerings immediately?

The announcement describes collaboration on awareness and advocacy; it does not state any immediate product changes.