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    • Prudential Agrees to a $3.55B Deal

    July 27, 2021 by Allison Bell

    Prudential Financial hopes to raise $3.55 billion by selling its retirement plan recordkeeping administration operations to Empower Retirement.

    An arm of Great-West Lifeco, Empower Retirement is based in Greenwood Village, Colorado. In the sale, it would get Prudential’s defined contribution plan, defined benefit plan, non-qualified and rollover IRA businesses, along with related separate account investment products and platforms.

    Click HERE to read the full story via ThinkAdvisor

    Originally Posted at ThinkAdvisor on July 21, 2021 by Allison Bell.

    Categories: Industry Articles
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