A Chip Off the Old Rock?

April 20, 2021 by Kerry Pechter

With ever-rising technology costs and a squeeze on their margins, US retirement plan recordkeepers have had only one refuge of profitability: Becoming big enough to achieve the necessary economies of scale. The industry has dramatically consolidated, and Prudential may be on the verge of exiting the game. 

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Originally Posted at Retirement Income Journal on April 15, 2021 by Kerry Pechter.