Prudential Continues Shift Toward Low-Guarantee Products
August 12, 2020 by Allison Bell
Eecutives at Prudential Financial said the company is continuing to try to shed individual life and annuity benefits guarantee risk, by shifting toward selling more variable products.
Rob Falzon, the vice chairman of the Newark, New Jersey-based company, talked about the fixed-to-variable shift Wednesday, during a conference call Prudential held to go over its second-quarter earnings with securities analysts.
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Originally Posted at ThinkAdvisor on August 6, 2020 by Allison Bell.
Categories: Industry Articles