A new variable annuity and a new benefit option have just been introduced by Prudential Annuities. According to the Prudential Financial press release, “Prudential Annuities Launches Prudential Defined Income Variable Annuity and Highest Daily Lifetime Income v2.1,” these products have been designed to help current …
There have been a couple personnel changes at Prudential Financial that should bring new energy into their Annuities and Group Insurance businesses. The current President of Prudential Annuities, Stephen Pelletier, will now be the President of the Group Insurance business. His 20 years with Prudential …
Prudential has made improvements to its optional Highest Daily Lifetime 7 Plus variable annuity rider, in addition to expanding its availability to investors 45 and older. According to the Retirement Income Reporter, the Highest Daily Lifetime 7 Plus option is a minimum income guarantee that …
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