Prudential Financial, Inc. reports developments across its insurance, retirement and investment-management businesses. The company is a global financial services issuer with operations in the United States, Asia, Europe and Latin America, and its businesses include Retirement, Group Insurance, Individual Life, U.S. Legacy Products, International Businesses and PGIM.
Recurring news includes quarterly results, segment performance, PGIM leadership and strategic-partnership updates, Prudential Advisors recruiting, retirement-income and employee-benefits research, and shareholder communications such as responses to unsolicited mini-tender offers. Company updates also cover Prudential of Japan sales-conduct, governance and agency operating-model matters, along with group insurance products including life, disability, leave administration and ancillary coverage for institutional clients.
Prudential Financial (PRU) expanded its multi-year New Jersey Devils partnership to include away jersey patches and PGIM away helmet decals. The new branding will debut on October 3, 2026, against the New York Islanders.
Prudential will also become presenting partner of the Devils’ Raise Jersey program, which spotlights Newark nonprofits and social service organizations, and extend its Military Appreciation Night support throughout the season. The partnership will continue an annual donation of 200 hockey helmets to a local youth hockey organization.
Prudential Financial (PRU) released its 2026 Retirement Pulse survey, finding that 86% of respondents do not feel free to spend savings on enjoyment. Among respondents with $500K or more in investable assets, 61% still do not feel comfortable spending for enjoyment. Doubts about Social Security, inflation and healthcare costs were reported barriers to spending.
Only 23% of pre-retiree respondents have a clear retirement plan, while 16% of all respondents have a withdrawal strategy and 28% work with a financial advisor or planner. Respondents who have or expect to use a pension, annuity or guaranteed retirement income are 43% more likely to feel permission to enjoy their savings. Prudential sees planning, guaranteed lifetime income and a shift from saving to spending as ways to address retirement spending anxiety. The findings describe respondents' attitudes, rather than Prudential's financial results.
Prudential Financial (PRU) renamed its U.S. financial advice business Prudential Wealth Advisors on September 24, 2026.
The business supports more than 3,000 financial advisors nationwide. Its assets under management increased more than 60% in less than three years, from approximately $27 billion in 2023 to $44 billion at the announcement date. Prudential said the new name reflects its expanded wealth management capabilities and focus on helping advisors build their practices. The business has expanded its investment access through a relationship with LPL Financial. Insurance and annuities remain part of its advisory offering.
Prudential Financial (PRU) has agreed to sell all of its shares in Alexander Forbes Group Holdings (Alexforbes) through two related transactions valued at approximately $185 million.
New Veld, Prudential’s indirect subsidiary, will have about 372.8 million Alexforbes shares repurchased by Alexforbes and will sell approximately 74.1 million shares to ARC AF Holdings. The deals are expected to close in the first half of 2027, subject to Alexforbes shareholder approval for the repurchase, regulatory clearances, and customary conditions. Prudential describes the sale as further execution of its August strategy to narrow its geographic footprint by exiting emerging markets and concentrating resources on markets with stronger long-term competitive opportunities.
PGIM (PRU) has launched two actively managed core equity ETFs, the PGIM Jennison Small-Mid Cap Core Equity ETF (PJSM) and the PGIM Jennison International Core Equity ETF (PJIN), expanding its ETF lineup with diversified equity exposure.
PJSM normally invests at least 80% of its investable assets in small- and mid-cap equity and equity-related securities, defined as companies with market capitalizations below the largest constituent of the Russell 2500 Index, and has a 0.29% net expense ratio. PJIN focuses on non-U.S. companies, including those in emerging markets, and has a 0.23% net expense ratio. Both ETFs are listed on NYSE Arca and are subadvised by Jennison, which manages $213 billion in client assets. PGIM reports $1.5 trillion in assets under management and $33 billion in active ETF assets.
Prudential Advisors (PRU) has added financial advisor Zachary Karason to its Mid America Financial Group, based in Columbus, Ohio. Karason is a Cleveland-based advisor with more than 12 years of financial services experience and was responsible for over $106 million in total client assets at U.S. Bancorp Advisors.
He began his career at Merrill Lynch, where he became an assistant vice president, before moving to U.S. Bancorp Advisors as a wealth management advisor. At Prudential Advisors, he will operate on an open-architecture platform that the company says offers expanded investment options, planning resources, and technology aimed at helping him run a more flexible, client-focused practice.
Nestimate announced that its Target-Date Fund IQ Analysis tool is now accessible to retirement plan advisors through PGIM, the global asset management business of Prudential Financial (NYSE: PRU). Advisors can request Nestimate reporting via their PGIM Defined Contribution (DC) Solutions representative to help fiduciaries evaluate target-date funds and lifetime income solutions in a plan-centric way.
The tool provides an objective framework that goes beyond traditional performance metrics by aligning target-date fund design with each plan’s demographics, savings behavior and income needs. Target-Date Fund IQ generates three main outputs: a Qualitative Score (suitability across glide path, management style, return need, risk tolerance and income products), a Quantitative Score (based on performance, risk, risk-adjusted returns and structural factors such as assets under management, inflows, glide path alignment and manager tenure) and an Overall Score that combines both into a plan-specific ranking.
The platform also calculates a Retirement Income Score, or RIS(k), using participant demographics and stochastic simulations to assess income adequacy at retirement. According to Nestimate, this collaboration with PGIM, which has over $190 billion in DC assets under management and $1.4 trillion in total assets under management as of March 31, 2026, is intended to scale access to rigorous, defensible due diligence for target-date and lifetime income solutions across retirement plans.
Prudential Financial (NYSE: PRU) released the third installment of its 2026 Benefits & Beyond study, showing employees want workplace benefits tailored to real-life circumstances rather than one-size-fits-all plans. The survey of 3,096 U.S. employees and 760 employers highlights gaps between employer perceptions of benefit value and employee experiences.
Key findings include strong interest in personalized, affordable, easier-to-navigate benefits and AI-enabled decision-support tools, especially among workers with children. The research underscores how relevant benefits can influence workforce loyalty, confidence in benefit decisions, and perceptions of company culture.
Prudential Financial (NYSE: PRU) will participate in the 2026 Barclays Global Financial Services Conference on Wednesday, Sept. 16, 2026. CFO Yanela Frias will join an analyst-led fireside chat at about 9:45 a.m. ET, accessible via live audio webcast on the company’s Investor Relations website, with replay available through Sept. 30, 2026.
Prudential Financial (NYSE: PRU) launched Prudential Protection IUL, a new indexed universal life insurance product from its Individual Life Insurance business. The policy offers a lifelong death benefit plus flexibility to access cash value for needs such as unexpected expenses or future health-related costs.
According to Prudential, customers can allocate cash value to indexed accounts linked to the S&P 500 and Nasdaq‑100, or to a fixed account with a declared rate. Features include a 0% floor on indexed accounts, a dialable no‑lapse guarantee (subject to premium requirements), and optional BenefitAccess Rider for accelerated benefits in the event of chronic or terminal illness. Prudential reports approximately $1.6 trillion in assets under management as of June 30, 2026.