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Articles from Principal Financial Group

Principal Financial Group Announces Full Year and Fourth Quarter 2024 Results as well as 2025 Outlook
Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2024.
By Principal Financial Group · Via Business Wire · February 6, 2025
Outlook for Retirement Savers, Small-to-Midsized Business Owners Uncertain at Start of New Year
American workers and business owners were uncertain heading into 2025 as inflation and high interest rates persisted, along with a changing policy environment with the onset of a new presidential administration. With expertise spanning the retirement and small business landscape, Principal Financial Group® research points to current realities for employees and small-to-midsized businesses in America today.
By Principal Financial Group · Via Business Wire · January 22, 2025
Amy Friedrich to Speak at 2025 UBS Financial Services Conference
Principal Financial Group® (Nasdaq: PFG) announced today that Amy Friedrich, president, Benefits & Protection, will participate in a fireside chat at the UBS Financial Services Conference on Monday, February 10, 2025, beginning at approximately 11:20 a.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company topics.
By Principal Financial Group · Via Business Wire · January 16, 2025
Principal Financial Group to Hold Combined Earnings and Outlook Call
Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2024 financial results and the company’s outlook for 2025 after U.S. markets close on Thursday, February 6, 2025.
By Principal Financial Group · Via Business Wire · January 13, 2025
Principal® to Host World Cancer Day Event Featuring ESPN’s V Foundation CEO
Principal Financial Group® invites community members to its global headquarters in Des Moines on World Cancer Day, Thursday, February 4, for an educational event with the V Foundation for Cancer Research. The event will feature a keynote from Shane Jacobson, V Foundation Chief Executive Officer and Susanna Greer, Ph.D., V Foundation Chief Scientific Officer, as they provide education on the importance of cancer research, its impact on everyday health and wellness, and the inspirational stories of hope cancer continues to provide.
By Principal Financial Group · Via Business Wire · January 13, 2025
Principal® Appoints Lisa Coulson to Lead Human Resources
Principal Financial Group® (Nasdaq: PFG) today announced Lisa Coulson as the company’s next chief human resources officer and senior vice president, effective Nov. 30, 2024. Coulson steps into the role after 17 years with Principal and significant experience helping companies align talent strategy with business objectives and customer needs.
By Principal Financial Group · Via Business Wire · November 25, 2024
Principal® names Deanna Strable next president and CEO
Principal Financial Group® (Nasdaq: PFG) today announced the Board of Directors has appointed president and chief operating officer Deanna Strable as the company’s next president and chief executive officer, effective January 7, 2025. Strable succeeds Dan Houston, who will continue to serve as executive chair of the Board.
By Principal Financial Group · Via Business Wire · November 12, 2024
New Principal® Survey Finds Middle-Income Households Are Exceeding Their Retirement Savings Expectations
In a new survey from Principal Financial Group®, middle-income households are generally applying strong retirement savings habits and behaviors, even as they balance competing financial priorities.
By Principal Financial Group · Via Business Wire · November 11, 2024
Principal to Host Investor Day on November 18, 2024
Principal Financial Group® (Nasdaq: PFG) announced today that it will host its 2024 Investor Day on Monday, November 18, 2024, from 1 p.m. to 4 p.m. EST in New York City.
By Principal Financial Group · Via Business Wire · November 6, 2024
Principal Financial Group Announces Third Quarter 2024 Results
Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2024.
By Principal Financial Group · Via Business Wire · October 24, 2024
Global Financial Inclusion Improved for the Second Consecutive Year Despite Challenging Macroeconomic Conditions, According to the Global Financial Inclusion Index From Principal®
Singapore is once again the world’s most financially inclusive market across 41 analyzed, followed by Hong Kong, South Korea, Switzerland, and Sweden, according to the third edition of the Global Financial Inclusion Index (the Index) from Principal Financial Group®.
By Principal Financial Group · Via Business Wire · October 8, 2024
Principal to Announce Third Quarter 2024 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release third quarter 2024 financial results 15 minutes after U.S. markets close on Thursday, October 24, 2024.
By Principal Financial Group · Via Business Wire · October 3, 2024
Principal® Survey Reveals the Effects of Caregiving on Work and Employee Retention
The landscape of employee benefits is evolving as employers are faced with managing five generations in the workplace. A recent survey from Principal Financial Group® reveals employees find value in a variety of benefit options, and those options can influence retention in their workplace. The value of these benefits are magnified for employees who serve as caregivers for children, dependent adults, or those in a “sandwich generation” caring for both a dependent child and adult.
By Principal Financial Group · Via Business Wire · September 10, 2024
Principal Screens ¡Hola Cine! at Des Moines Art Center
Principal Financial Group® is collaborating with the New York International Children’s Film Festival (the Festival) to bring a curated collection of award-winning, family-friendly short films to the Des Moines Art Center on Sunday, September 15, 2024.
By Principal Financial Group · Via Business Wire · September 9, 2024
2024 Principal® Charity Classic raised record $8.6 million for Iowa youth
The Principal® Charity Classic today announced its 2024 tournament raised a record $8.6 million in support of Iowa youth. The annual PGA TOUR Champions event in Des Moines has now raised $62 million for Iowa children’s charities since Principal Financial Group® became the title sponsor in 2007. Watch the 2024 charitable highlight video here.
By Principal Financial Group · Via Business Wire · September 5, 2024
Empowering Futures: Principal® Hosts Girl Scout Takeover Day
Principal Financial Group® and Girl Scouts of Greater Iowa (GSGI) announced a collaboration today unveiling two initiatives designed to empower young women and enhance community involvement: Girl Scout Takeover Day and the DataSetGold program.
By Principal Financial Group · Via Business Wire · August 30, 2024
Principal® names Deanna Strable President and Chief Operating Officer
Principal Financial Group® (Nasdaq: PFG) today announced that Deanna Strable, executive vice president and current chief financial officer, is named president and chief operating officer. Dan Houston will continue to serve as CEO and Chairman of the Board.
By Principal Financial Group · Via Business Wire · August 21, 2024
CFO Deanna Strable to Speak at 2024 KBW Insurance Conference
Principal Financial Group® (Nasdaq: PFG) announced today that Deanna Strable, executive vice president and chief financial officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 5, 2024, beginning at approximately 3:05 p.m. Eastern Time. Strable will participate in a question-and-answer session covering a variety of industry and company specific topics.
By Principal Financial Group · Via Business Wire · August 7, 2024
Principal Financial Group Announces Second Quarter 2024 Results
Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2024.
By Principal Financial Group · Via Business Wire · July 25, 2024
Principal® Adds New Annuity With Guaranteed Lifetime Income Option
With the number of people in the United States aged 65 years and older on the rise, Principal Financial Group® has launched its second Registered Index-Linked Annuity (RILA), Principal® Strategic Income, that helps individuals nearing or in retirement create guaranteed lifetime income while still building and protecting their retirement savings.
By Principal Financial Group · Via Business Wire · July 10, 2024
Principal to Announce Second Quarter 2024 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release second quarter 2024 financial results on Thursday, July 25, 2024, 15 minutes after U.S. markets close.
By Principal Financial Group · Via Business Wire · July 2, 2024
Financial Pressures and Enrollment Misperceptions Prevent Employees From Contributing to Workplace Retirement Plans
Nearly six-in-10 employees (59%) who are not contributing to their 401(k) or other workplace retirement plan think they are, according to the latest Principal® Retirement Security Survey. Three out of every four of those employees (77%) believed they started saving upon becoming eligible to contribute. This misperception, compounded by persistent inflation and elevated interest rates, makes it harder for Americans to reach their retirement goals, according to Principal®.
By Principal Financial Group · Via Business Wire · June 6, 2024
Principal® Direct Lending Business Launches Private Credit Fund
Principal Asset ManagementSM today launched the Principal Private Credit Fund I, offering exposure to lower and core middle market loans, with immediate access to these direct lending investments. The fund will target 90% plus exposure to private credit and offers investors enhanced yield and return potential through a disciplined credit investment process. This fund is managed by Principal Alternative Credit, the direct lending investment team of Principal Asset Management.
By Principal Financial Group · Via Business Wire · June 4, 2024
Principal® announces new 12-month Apprentice Program
Principal Financial Group® has created the Principal® Apprentice Program (the Program), a 12-month immersive program that provides pathways to full-time employment at Principal for individuals without a four-year degree.
By Principal Financial Group · Via Business Wire · May 29, 2024
Principal® to acquire ESOP business from Ascensus
Today, Principal Financial Group® announced a definitive agreement with Ascensus to acquire its employee stock ownership plan (ESOP) business. At closing, Principal® will add approximately 800 plans and more than 165,000 participants to its workplace savings and retirement solutions business that ranks as the No. 1 ESOP service provider in the U.S.1
By Principal Financial Group · Via Business Wire · May 16, 2024
Principal® survey reveals businesses set to grow, amid increased levels of optimism
According to the latest Principal Financial Well-Being IndexSM (WBI), business owners, decision makers, and business leaders report strong levels of growth. Despite ongoing high inflation, survey respondents anticipate continued economic growth and high levels of optimism. However, employees don’t report the same level of optimism about the economy, especially as they look towards the next 12 months.
By Principal Financial Group · Via Business Wire · May 7, 2024
Principal Financial Group Announces First Quarter 2024 Results
Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2024.
By Principal Financial Group · Via Business Wire · April 25, 2024
Principal® achieves sustainability goals in newly released report
Principal Financial Group® has met or exceeded its multi-year sustainability goals according to findings in the 2023 Sustainability Report released today.
By Principal Financial Group · Via Business Wire · April 15, 2024
Principal to Announce First Quarter 2024 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2024 financial results after U.S. markets close on Thursday, April 25, 2024.
By Principal Financial Group · Via Business Wire · April 4, 2024
Principal® Earns 2024 ENERGY STAR® Partner of the Year Sustained Excellence Award for Seventh Consecutive Year
Principal Asset Management℠, through its dedicated real estate investment team, is proud to announce that it has received the 2024 ENERGY STAR Partner of the Year: Sustained Excellence Award from the U.S. Environmental Protection Agency for the seventh consecutive year.
By Principal Financial Group · Via Business Wire · March 27, 2024
Principal® named one of the 2024 World’s Most Ethical Companies by Ethisphere
Principal Financial Group® has been once again named one of the World’s Most Ethical Companies by Ethisphere. The company’s inclusion in the 2024 list makes the 13th time Principal® has been recognized for its ethical leadership and business practices since the Ethisphere list launched in 2006.
By Principal Financial Group · Via Business Wire · March 4, 2024
Principal Financial Group® Announces Full Year and Fourth Quarter 2023 Results as well as 2024 Outlook
Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2023.
By Principal Financial Group · Via Business Wire · February 12, 2024
Principal® to host The Thread Collectors authors for International Women’s Day event
Principal Financial Group® invites community members to its global headquarters in Des Moines on Thursday, March 7 for a conversation featuring The Thread Collectors authors Shaunna J. Edwards and Alyson Richman.
By Principal Financial Group · Via Business Wire · January 23, 2024
Principal® CEO Dan Houston to Speak at 2024 Bank of America Financial Services Conference
Principal Financial Group® (Nasdaq: PFG) announced today that Dan Houston, chairman, president, and chief executive officer, will participate in a fireside chat at the Bank of America Financial Services Conference on Wednesday, February 21, 2024, beginning at approximately 8:50 a.m. Eastern Time. Houston will participate in a question-and-answer session covering a variety of industry and company topics.
By Principal Financial Group · Via Business Wire · January 22, 2024
Beyond Business: Principal® Provides Office Space to Pi515
Principal Financial Group® welcomes Pi515 to its global headquarters through a lease providing the Des Moines tech-focused nonprofit in-kind office space. Beginning today, Pi515 will operate on the first floor of 710 9th Street on the Principal® campus.
By Principal Financial Group · Via Business Wire · January 16, 2024
Principal® Names Kamal Bhatia Head of Asset Management
Principal Financial Group® (Nasdaq: PFG) today announced Kamal Bhatia, global head of investments and president of Principal® Funds and chairman of Principal Funds Board, will be the incoming president and chief executive officer of Principal Asset ManagementSM, effective February 10, 2024. Bhatia succeeds Pat Halter, who will retire after 40 years with the company on April 2, 2024. During this transition period, Halter will assume the interim role of division president.
By Principal Financial Group · Via Business Wire · January 11, 2024
Principal® Announces New Presenting Sponsorship of the John R. Wooden Award
Principal Financial Group® and the Los Angeles Athletic Club today announced a new presenting sponsorship of the John R. Wooden Award. The sponsorship reflects the dedication of Principal® to celebrate expertise, excellence, and equality in sports.
By Principal Financial Group · Via Business Wire · January 10, 2024
Retirement Expectations Evolve as Workforce Ages According to Principal® Survey
The picture of retirement is evolving with more Americans turning 65 in 2024 than any year1 before. According to new research from Principal Financial Group®, expectations around how and when to retire by generation vary greatly – placing increased focus on employee engagement and personalized investment strategies to help improve financial security and retirement readiness.
By Principal Financial Group · Via Business Wire · January 10, 2024
Principal Financial Group to hold combined earnings and outlook call
Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2023 financial results and the company’s outlook for 2024 after U.S. markets close on Monday, February 12, 2024.
By Principal Financial Group · Via Business Wire · January 4, 2024
Principal® Named a Best Place to Work in Money Management by Pensions & Investments for Twelfth Consecutive Year
Principal Asset ManagementSM, the global investments business for Principal Financial Group®, announced today it has been named a Best Place to Work in Money Management among the largest employers by Pensions & Investments. This is the 12th consecutive year Principal has been recognized as a best place to work, earning the recognition every year since the inception of the program.
By Principal Financial Group · Via Business Wire · December 12, 2023
Principal Asset Management℠ Real Estate Strategies Receive 4-Star Rating From Global Real Estate Sustainability Benchmark in 2023
Principal Asset Management℠ announced today that its United States real estate core strategy and two European real estate core property strategies received a 4-star rating in 2023 from the Global Real Estate Sustainability Benchmark (GRESB). This year marks the eighth consecutive year Principal’s U.S. real estate core strategy has earned a 4-star rating from GRESB.
By Principal Financial Group · Via Business Wire · November 27, 2023
Principal® Announces Financial Services Leader Pablo Sprenger to Head Latin America
Principal Financial Group® today announced Pablo Sprenger will join the company as executive vice president and president of Principal Latin America, effective Nov. 8. In this role, Sprenger will lead teams across three markets – Chile, Brazil, and Mexico – overseeing all aspects of the company's pension and asset management operations, sales and distribution, and growth strategies within the region. Sprenger will report to Pat Halter, president of Principal Asset ManagementSM.
By Principal Financial Group · Via Business Wire · November 1, 2023
Principal Financial Group® Announces Third Quarter 2023 Results
Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2023.
By Principal Financial Group · Via Business Wire · October 26, 2023
Women Small Business Owners Take Fewer Risks, Have Investment Confidence Gaps
New research conducted by HerMoney Media and Principal Financial Group® reveals a difference in confidence levels between women and men small and midsized business owners (SMBs) when it comes to their outlook for the overall economy, confidence in money management, and attitude toward risk. The research also revealed that women business owners are more focused on driving good employee experiences and outcomes than men.
By Principal Financial Group · Via Business Wire · October 26, 2023
Principal Financial Group® Chairman, President & CEO Dan Houston Recognized with the 2023 Ray Lillywhite Award by EBRI at the Defined Contribution West Conference in San Diego, CA
Principal Financial Group® chairman, president & CEO Dan Houston received the 2023 Ray Lillywhite Award today from the Employee Benefit Research Institute (EBRI) at the Defined Contribution West Conference in San Diego, CA. The Ray Lillywhite Award celebrates contributions by individuals who have had distinguished careers in the retirement and investment management fields and whose outstanding service has enhanced Americans' economic security. The award is presented by EBRI as merited by individual and group excellence and is named after Ray Lillywhite, a pioneer in the pension field who for decades guided state employee pension plans.
By Principal Financial Group · Via Business Wire · October 24, 2023
Despite Continued Economic Volatility, Global Financial Inclusion Improved According to the Global Financial Inclusion Index from Principal®
Singapore is the world’s most financially inclusive market across 42 analyzed, alongside Hong Kong, Switzerland, the United States, and Sweden, according to the second edition of the Global Financial Inclusion Index (the Index) from Principal Financial Group®.
By Principal Financial Group · Via Business Wire · October 3, 2023
Principal to Announce Third Quarter 2023 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release third quarter 2023 financial results after U.S. markets close on Thursday, October 26, 2023.
By Principal Financial Group · Via Business Wire · October 2, 2023
The Gender Gap is Still Very Real in Workplace Financial Wellness Programs
New research conducted by HerMoney Media and Principal Financial Group® reveals concerns about the gender savings gap are realized in employees’ overall perception and confidence about money management and investing, while the gap has closed in their “personal economies.”
By Principal Financial Group · Via Business Wire · September 21, 2023
2023 Principal® Charity Classic Propels Tournament to More Than $50 Million Raised for Iowa Kids Since 2007
The Principal Charity Classic today announced its 2023 tournament raised more than $8 million in support of Iowa children’s charities. The annual PGA TOUR Champions event in Des Moines has now raised $53.7 million for Iowa children’s charities since Principal Financial Group® became the title sponsor in 2007. Watch the 2023 recap video here.
By Principal Financial Group · Via Business Wire · September 6, 2023
Deanna Strable to Speak at Barclays Global Financial Services Conference
Today, Principal Financial Group® (Nasdaq: PFG) announced Deanna Strable, executive vice president and chief financial officer, will participate in a fireside chat at the Barclays Global Financial Services Conference on Tuesday, September 12, 2023, beginning at approximately 9:00 a.m. Eastern Time. Strable will participate in a question-and-answer session covering a variety of industry and company specific topics.
By Principal Financial Group · Via Business Wire · August 24, 2023
Principal® Survey Finds Businesses Are Growing While Employees Are Less Confident
A recent survey from Principal Financial Group® shows a disparity between U.S. employers and their employees in financial health and well-being. As employer sentiment and business health remains steady, there are opportunities for employers to support employee financial health.
By Principal Financial Group · Via Business Wire · August 8, 2023
Michael Goosay joins Principal® as managing director of global fixed income
Principal Asset ManagementSM announced today that Michael Goosay has joined the firm as managing director of global fixed income and portfolio manager on select strategies. Goosay will build upon the firm’s focus on multi-sector fixed income investment strategies and solutions to meet a wide range of personalized investor objectives. The fixed income platform (AUM of $135.7 billion1) has capabilities which span all major fixed income sectors with investment centers worldwide and over 110 investment professionals.
By Principal Financial Group · Via Business Wire · August 7, 2023
Principal Financial Group® Announces Second Quarter 2023 Results
Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2023.
By Principal Financial Group · Via Business Wire · July 27, 2023
Principal® launches Focused Blue Chip ETF
Principal Asset ManagementSM today launched the Focused Blue Chip ETF (BCHP). This ETF will be a large-cap growth portfolio managed by Principal Aligned, the equities investment team with more than 20 years of success managing mid-cap and blue chip strategies for Principal. Principal Aligned, with $44.4 billion in AUM1, has a distinctive long-term approach that focuses on competitively advantaged businesses led by owner-operators.
By Principal Financial Group · Via Business Wire · July 13, 2023
Principal® Joins Industry Consortium to Support Automatic Portability of U.S. Retirement Accounts
Principal Financial Group® today announced it joined the Portability Services Network, LLC (PSN), a consortium of retirement plan service providers focused on helping America's under-served and under-saved workers improve their retirement outcomes by making it easier to transfer their workplace retirement accounts when changing employers. Principal® is a board member and one of seven owning members of PSN, which utilizes the auto-portability solution created by Retirement Clearinghouse, LLC (RCH).
By Principal Financial Group · Via Business Wire · July 6, 2023
Principal® to announce second quarter 2023 financial results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release second quarter 2023 financial results on Thursday, July 27, 2023, after U.S. markets close.
By Principal Financial Group · Via Business Wire · June 29, 2023
Principal® debuts annuity solution with sustainability index
Principal Financial Group® has launched its first Registered Index-Linked Annuity (RILA), Principal® Strategic Outcomes, to meet the growing demand for annuity solutions as market uncertainty persists and as individuals nearing retirement seek help mitigating investment risk. Recent market volatility and inflation pressures pushed total industry RILA sales to a record $41.1 billion in 2022.1
By Principal Financial Group · Via Business Wire · June 1, 2023
Principal® Foundation Invests More Than $30 Million to Help Over 8 Million People Access Greater Financial Security
Principal® Foundation, the corporate foundation endowed by Principal Financial Group® (NASDAQPFG), exceeded its goal to invest $30 million over two years to advance financial security. The contributions impact over eight million people around the world by removing barriers and empowering people and communities so they may build financially secure futures.
By Principal Financial Group · Via Business Wire · May 25, 2023
Roberto Walker to Retire From Principal After 27 Years
Principal Financial Group® today announced Roberto Walker will retire from Principal® after serving as president of Principal Latin America for more than 12 years. Luis Valdés, former president of Principal International, will rejoin the company on an interim basis as chairman of Latin America until the company names Walker’s successor. During this time, Valdés will report to Pat Halter, president of Principal Asset ManagementSM.
By Principal Financial Group · Via Business Wire · May 11, 2023
Businesses report growth despite continued inflationary and economic uncertainty, according to new Principal® survey
Despite recent bank failures and concerns around the stability of the U.S. economy, businesses report high levels of growth, according to the latest Principal Financial Well-Being IndexSM (WBI). However, even as businesses are optimistic about their future economic outlook, their employees are anxious about their own finances in the next six months.
By Principal Financial Group · Via Business Wire · May 2, 2023
Principal Financial Group® Announces First Quarter 2023 Results
Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2023.
By Principal Financial Group · Via Business Wire · April 27, 2023
Principal to Announce First Quarter 2023 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2023 financial results 15 minutes after U.S. markets close on Thursday, April 27, 2023.
By Principal Financial Group · Via Business Wire · April 5, 2023
Principal® Meeting Rising Demand for Personalized Retirement Investment Strategies With New Hybrid QDIA
Principal Financial Group® has launched a new, hybrid qualified default investment alternative (QDIA) – Principal® Intelligent QDIA – to help meet the growing demand for personalized investment strategies within employer-sponsored retirement savings plans. Plan sponsors that choose Principal® Intelligent QDIA will provide participants with a path to greater personalization as their careers and lives evolve since the hybrid QDIA offers both target date strategies as well as a managed account service in one default option.
By Principal Financial Group · Via Business Wire · April 3, 2023
Principal® earns ENERGY STAR® Partner of the Year: Sustained Excellence Award for sixth consecutive year
Principal Asset ManagementSM, through its dedicated real estate investment team, has been named an ENERGY STAR® Partner of the Year: Sustained Excellence award winner for the sixth consecutive year. Principal has also been named a Certification Nation Premier Member, a special one-time recognition in celebration of the EPA program’s 30th anniversary for organizations that certified 15 or more buildings in 2022.
By Principal Financial Group · Via Business Wire · March 28, 2023
Principal® Survey Identifies Leading Disruptors of Retirement Industry By 2030
A new survey from Principal Financial Group® identifies the leading disruptors to the retirement industry that employers and financial professionals believe will reshape plans, services, and solutions by 2030.
By Principal Financial Group · Via Business Wire · March 20, 2023
Principal Financial Group Announces 2023 and Long-Term Outlook
Principal Financial Group® (Nasdaq: PFG) announced its 2023 and long-term financial guidance today.
By Principal Financial Group · Via Business Wire · March 1, 2023
Principal® Announces Integration of Global Asset Management and International Pension Businesses
Principal Financial Group® (Nasdaq: PFG) announced today it is integrating its global asset management and international pension businesses under Principal Asset ManagementSM – blending leadership, investment capabilities, and client-facing teams. The combined business will help Principal® to effectively deliver global and local investment capabilities and client support across more than 80 markets, driving greater benefit for clients and shareholders.
By Principal Financial Group · Via Business Wire · February 28, 2023
Principal to Host 2023 Outlook Call on March 2, 2023
Principal Financial Group® (Nasdaq: PFG) announced today that it will release its outlook for 2023 on Thursday, March 2, 2023.
By Principal Financial Group · Via Business Wire · February 10, 2023
Principal Financial Group® Names Vivek Agrawal as Chief Growth Officer
Principal Financial Group® today announced Vivek Agrawal will join the company as chief growth officer effective March 7.
By Principal Financial Group · Via Business Wire · February 7, 2023
Amy Friedrich to Speak at Bank of America Financial Services Conference 2023
Today, Principal Financial Group® (Nasdaq: PFG) announced Amy Friedrich, president of U.S. Insurance Solutions at Principal, will participate in a fireside chat at the Bank of America Financial Services Conference on Wednesday, February 15, 2023, beginning at approximately 1:40 p.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company specific topics.
By Principal Financial Group · Via Business Wire · February 2, 2023
Principal Financial Group® Announces Full Year and Fourth Quarter 2022 Results
Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter of 2022.
By Principal Financial Group · Via Business Wire · January 30, 2023
Principal® Doubles Direct Lending Committed Capital In 2022
Principal Asset ManagementSM doubled its direct lending committed capital in 2022, increasing its foothold in the middle market. The direct lending team, now in its third year of business, has closed on 85 transactions since inception, representing $1.6 billion of committed capital.
By Principal Financial Group · Via Business Wire · January 18, 2023
Principal® to Announce Fourth Quarter and Full Year 2022 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2022 financial results 15 minutes after U.S. markets close on Monday, January 30, 2023.
By Principal Financial Group · Via Business Wire · January 9, 2023
Principal® announces pension joint venture in China
Principal Financial Group®, a leading global financial services provider, today announced an exciting new chapter in their ongoing expansion of their global pension footprint as Principal® acquires a minority ownership stake (17.647%) in China Construction Bank (CCB) Pension Management Co., Ltd. (CCBP), CCB’s pension business with the Social Security Fund of China (SSF). CCB will remain as the majority shareholder of CCBP with a 70% interest and an additional minority stake (12.353%) held by the SSF.
By Principal Financial Group · Via Business Wire · January 6, 2023
Businesses and employees report rising concerns about a potential recession according to Principal® survey
While most U.S. small and midsized businesses and their employees believe a recession is likely in 2023, business owners are opting to raise prices and reduce operating expenses before cutting salaries or benefits, according to the latest Principal Well-Being IndexSM (WBI) study by Principal Financial Group®.
By Principal Financial Group · Via Business Wire · December 6, 2022