Prudential announced that the Verizon Management Pension Plan purchased a single premium group annuity contract from Prudential Insurance to settle approximately $7.5 billion of pension liabilities of ...

Prudential Financial unveiled its first significant transaction in the pension sector this year. Through its subsidiary, Prudential Insurance Co. of America, the financial services giant has completed ...

Prudential Financial, Inc. (NYSE: PRU) and Reinsurance Group of America, Incorporated (NYSE: RGA) have been selected in a pension risk transfer involving Verizon Communications Inc. The transaction ...

NEW YORK (AP) — Phone company Verizon Communications Inc. on Monday said it has transferred $7.5 billion in pension obligations to Prudential Insurance after a retiree association failed to convince a ...

Prudential Retirement announced the completion of the nation's first pension buy-in transaction. Hickory Springs Manufacturing Company signed on as Prudential's inaugural client, heralding the entry ...

Prudential Financial (NYSE:PRU) and Reinsurance Group of America (NYSE:RGA) have been entrusted to fulfill $5.9B in pension promises for retired employees of Verizon (NYSE:VZ), as a result of which ...

On the go: Prudential has come under fire after it accidentally paid out the entirety of a client’s pension pot after only the lump sum amount was requested. The company, which is part of M&G, has ...

A former member of the Ryland Group Pension Scheme will not have to reimburse Prudential after the provider botched the administration of his pension sharing order, the Pensions Ombudsman ruled in ...