Prudential

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Prudential Financial is a leading financial services company with approximately $942 billion in assets under management.

With over 50,000 employees, Prudential has operations in the United States, Europe, Asia and Latin America.  The company has been in business for 136 years and is currently a listed company on the New York Stock Exchange.

Prudential Financial offers a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services.  Prudential is a leading provider of variable annuities in the United States.

Prudential's wide range of insurance and investment-related products and services enables the company to address the wealth growth and protection needs of millions of financial services consumers around the world.  

Prudential Product Reviews
Product Review of Prudential Premier Retirement Variable Annuities B Series:
"This Pru product has been great for a handful of our clients. The cost..."
Product Review of Prudential Premier Variable Annuities B Series:
"There is another Prudential variable annuity that is basically referred to by..."
Product Review of Prudential Premier Retirement Variable Annuities B Series:
"Why would anyone even bother consdering a variable annuity from any company..."
Product Review of Prudential Income Annuity :
"I'm happy with the response rate from Prudential. The return is pretty sweet..."
Products Offered

General Information
Websitewww.prudential.com
TypeInsurance Company
Founded1875
Ownership
CountryUSA
Contact Information
AddressOne Corporate Drive
Shelton, CT 06484
Phone888-778-2888
Fax

Information & Articles about Prudential

Product Changes Spur Variable Annuity Sales

U.S. variable annuity sales grew by 24 percent from the same period a year earlier. Variable annuity sales for the first quarter of 2011 totaled $38.9 billion.

LIMRA reports that 16 of the top 20 variable annuity providers experienced sales growth relative to the previous year.

Prudential led the industry with a 40 percent increase and $6.81 billion in variable annuity sales in the first quarter.  Sales at MetLife increased 41 percent to $5.68 billion.

Annuity Business Drives Earnings Momentum at MetLife and Prudential

Life insurance companies MetLife and Prudential Financial both reported quarterly earnings that exceeded analysts' estimates.

MetLife reported record variable annuity sales and a sharp rise in its retirement product fees.

Prudential also reported strength in its annuity business.

While annuity sales were strong at both companies, higher hedging costs had an adverse impact on the reported earnings of MetLife and Prudential.

Source: Reuters

Low Fee Annuities

I get questions periodically about low or no fee annuities.

There are, in fact, annuity products (including variable annuities) that are being developed for fee only financial advisors (advisors who do not accept commissions on product sales).

Some of the companies that have recently developed or are developing these low fee based products include:

While efforts are made to keep information on this page accurate and updated, the information shown on this page may be variable or out of date. Always check the issuing company's website or other public data listings for the latest information applicable to you as actual information may vary.

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