Principal Financial Group Inc (OQ:PFG)

Business Focus: Investment Management & Fund Operators

Apr 15, 2024 10:22 am ET
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.
Apr 04, 2024 08:00 am ET
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.
Mar 27, 2024 10:29 am ET
AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. (PFG) [NASDAQ: PFG] and collectively referred to as Principal. Concurrently, AM Best has affirmed the Long-Term ICRs of “a” (Excellent) of Principal Financial Services, Inc. and PFG, as well as the group’s Long-Term Issue Credit Ratings (Long-Term IRs). In addition, AM Best also has aff
Mar 27, 2024 09:00 am ET
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
Mar 04, 2024 11:32 am ET
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.
Feb 12, 2024 04:15 pm ET
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.
Jan 26, 2024 10:13 am ET
Principal® Charity Classic renews investment in the Legacy Project
The Principal® Charity Classic with support from
Jan 23, 2024 09:53 am ET
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.
Jan 22, 2024 05:00 pm ET
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.
Jan 18, 2024 09:00 am ET
Principal® direct lending business reaches $2 billion in borrower commitments
Principal Asset ManagementSM announced it has reached $2 billion in borrower commitments through its direct lending business.
Jan 16, 2024 01:26 pm ET
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.
Jan 11, 2024 05:00 am ET
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
Jan 10, 2024 11:32 am ET
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
Jan 10, 2024 09:00 am ET
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
Jan 04, 2024 05:00 pm ET
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.
Dec 12, 2023 07:00 am ET
Nov 27, 2023 04:00 pm ET
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
Nov 01, 2023 09:00 am ET
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 ma
Oct 26, 2023 04:15 pm ET
Principal Financial Group® Announces Third Quarter 2023 Results
Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2023.
Oct 26, 2023 09:00 am ET
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.
Oct 24, 2023 02:08 pm ET
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 d
Oct 13, 2023 12:00 pm ET
Principal(R) Releases Second Sustainable Financing Report Announcing Allocations of $600M Sustainability Bond
NORTHAMPTON, MA / ACCESSWIRE / October 13, 2023 / Principal Financial Group® has released its second Principal Sustainable Financing Report to highlight the proceeds allocated to eligible green and social assets from the issuance of the company's $600 million sustainability bond in August 2021. The report details allocation and key performance indicators of the proceeds which went toward green buildings (75%), renewable energy (9%), and affordable housing (16%).
Oct 04, 2023 01:30 pm ET
Natalie Lamarque: Learning To Harness Fear
NORTHAMPTON, MA / ACCESSWIRE / October 4, 2023 / Principal Financial Group
Oct 03, 2023 01:01 am ET
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
Oct 02, 2023 05:00 pm ET
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.
Sep 21, 2023 09:00 am ET
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.”
Sep 18, 2023 01:00 pm ET
How To Use the Arts To Boost Communities
NORTHAMPTON, MA / ACCESSWIRE / September 18, 2023 / Principal Financial Group
Sep 06, 2023 09:00 am ET
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.
Sep 05, 2023 09:35 am ET
Principal® Hires Industry Veteran George Maris as CIO, Global Head of Equities
Principal Asset ManagementSM announced today that George Maris is joining the firm as chief investment officer and global head of equities ($221.2 billion in AUM1). In this role, he’ll take on leadership responsibilities across the equities’ platform, including managing 126 investment professionals across global investment centers. Maris will also serve as a named portfolio manager on international equity strategies.
Aug 24, 2023 08:15 am ET
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.
Aug 22, 2023 09:45 am ET
Kimberly Etchings: When Risks Lead to Wins
NORTHAMPTON, MA / ACCESSWIRE / August 22, 2023 / Principal Financial Group
Aug 14, 2023 09:45 am ET
How a Community Support Program Gave One Business Owner the Boost She Needed
NORTHAMPTON, MA / ACCESSWIRE / August 14, 2023 / Principal Financial Group:
Aug 11, 2023 10:00 am ET
The Financial Health of People With Disabilities
NORTHAMPTON, MA / ACCESSWIRE / August 11, 2023 / Principal Financial Group
Aug 10, 2023 11:00 am ET
Principal(R) Foundation Launches National Short Story Contest as Part of New Initiative to Destigmatize Conversations About Money
DES MOINES, IA / ACCESSWIRE / August 10, 2023 / Principal® Foundation, a global nonprofit committed to helping people and communities build financially secure futures, is launching Money Chronicles: A Story Initiative that is using the power of storytelling to help destigmatize and encourage conversations about money and personal finances. The initiative is kicking off with a national short story contest that invites people to share imaginative and meaningful short stories that reflect lived expe
Aug 09, 2023 09:15 am ET
Aug 08, 2023 09:00 am ET
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.
Aug 07, 2023 09:00 am ET
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.
Jul 27, 2023 04:15 pm ET
Principal Financial Group® Announces Second Quarter 2023 Results
Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2023.
Jul 13, 2023 11:00 am ET
Jul 13, 2023 09:00 am ET
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
Jul 12, 2023 02:20 pm ET
Principal(R) Named "Best Place To Work for Disability Inclusion" in 2023
DES MOINES, IA / ACCESSWIRE / July 12, 2023 / Principal Financial Group® was named on the list of the "Best Places to Work for Disability Inclusion" after earning a 100 score on the 2023 Disability Equality Index® (DEI), the world's most comprehensive benchmarking tool for companies to measure disability workplace inclusion against competitors.
Jul 06, 2023 09:45 am ET
Principal(R) Joins Industry Consortium To Support Automatic Portability of U.S. Retirement Accounts
DES MOINES, IA / ACCESSWIRE / July 6, 2023 / 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-p
Jul 06, 2023 09:30 am ET
Jun 29, 2023 04:15 pm ET
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.
Jun 21, 2023 10:45 am ET
Principal(R) Celebrates Pollinator Week at Global Headquarter Gardens
DES MOINES, IA / ACCESSWIRE / June 21, 2023 / Principal Financial Group® developed a pollinator garden on the campus of its global headquarters and is celebrating the impact of this new space during Pollinator Week. Pollinator Week seeks to raise awareness for pollinators and how they can be protected.
Jun 16, 2023 02:15 pm ET
Jun 15, 2023 05:00 pm ET
Principal(R) Ranked Number 44 on the Forbes List of America’s Most Cybersecure Companies
DES MOINES, IA / ACCESSWIRE / June 15, 2023 / Principal Financial Group® was ranked number 44 on the Forbes inaugural list of America's Most Cybersecure Companies. In partnership with the research company SecurityScorecard, the rankings highlight the top 200 U.S.-based companies whose website security and cybersecurity infrastructure make them best-in-class. The 200 come from the vast population of 12 million websites that SecurityScor
Jun 15, 2023 12:45 pm ET
Katlyn Malone: Tech Driven, People Passionate
NORTHAMPTON, MA / ACCESSWIRE / June 15, 2023 / Principal Financial Group
Jun 01, 2023 11:45 am ET
3 Ways To Support Mental Health at Work
NORTHAMPTON, MA / ACCESSWIRE / June 1, 2023 / Principal Financial Group
Jun 01, 2023 09:30 am ET
Principal® debuts annuity solution with sustainability index
Principal Financial Group® has launched its first Registered Index-Linked Annuity (RILA),
May 26, 2023 02:15 pm ET
Principal(R) Named One of Barron’s 100 Most Sustainable Companies
DES MOINES, IA / ACCESSWIRE / May 26, 2023 / Principal Financial Group® was named one of Barron's 100 Most Sustainable Companies, making its third consecutive appearance on the list. According to Barron's 2023 list, the practices of Principal® not only drove sustainability efforts, but helped drive strong company stock results by outperforming the S&P 500 in 2022.
May 25, 2023 09:15 am ET
Principal(R) Foundation Invests More Than $30 Million To Help Over 8 Million People Access Greater Financial Security
DES MOINES, IA / ACCESSWIRE / May 25, 2023 / Principal® Foundation, the corporate foundation endowed by Principal Financial Group® (NASDAQ:PFG), 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.
May 25, 2023 09:00 am ET
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® (NASDAQ: PFG), 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.
May 11, 2023 08:15 am ET
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 co
May 03, 2023 02:11 pm ET
Solar Landscape Community Solar Project Brings Workforce Development to New Jersey Residents
Community Solar Installation in Secaucus Enables Career Training in Nearby Edison
May 03, 2023 09:10 am ET
May 02, 2023 09:00 am ET
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 e
Apr 27, 2023 04:30 pm ET
Principal Financial Group® Announces First Quarter 2023 Results
Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2023.
Apr 27, 2023 09:10 am ET
2022 Sustainability Report: What It Means and Why It Matters
NORTHAMPTON, MA / ACCESSWIRE / April 27, 2023 / Principal Financial Group:
Apr 07, 2023 09:20 am ET
Principal(R) Foundation Promotes Scholarship Contest: Financial Literacy Bee powered by EVERFI
DES MOINES, IA / ACCESSWIRE / April 7, 2023 / In observance of National Financial Literacy Month, Principal® Foundation invites 9th - 12th graders, within the U.S., to participate in the 2023 Financial Literacy Bee, powered by EVERFI. This scholarship contest provides students with an opportunity to explore financial decision-making topics and to compete for a scholarship.
Apr 05, 2023 10:30 am ET
What Does It Mean To Be a Responsible Company?
NORTHAMPTON, MA / ACCESSWIRE / April 5, 2023 / Principal Financial Group
Apr 05, 2023 08:15 am ET
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.
Apr 03, 2023 09:30 am ET
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® In
Mar 29, 2023 02:20 pm ET
Principal(R) Announces Five-Year Extension Agreement for Principal Charity Classic
DES MOINES, IA / ACCESSWIRE / March 29, 2023 / Principal Financial Group® announced a five-year extension agreement with the Principal Charity Classic to continue its long-standing support for the annual PGA TOUR Champions tournament held at the Wakonda Club in Des Moines, Iowa. With the new five-year agreement, Principal will remain title sponsor in its efforts to raise money for Iowa Charities focused on supporting children in areas of education, health, financial security, and stability.
Mar 28, 2023 10:15 am ET
Principal(R) Earns Energy Star(R) Partner of the Year: Sustained Excellence Award for Sixth Consecutive Year
DES MOINES, IA / ACCESSWIRE / March 28, 2023 / 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.
Mar 28, 2023 10:00 am ET
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 celebratio
Mar 20, 2023 11:30 am ET
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.
Mar 16, 2023 09:46 am ET
AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. (PFG) [NASDAQ: PFG] and collectively are referred to as Principal. Concurrently, AM Best has affirmed the Long-Term ICRs of “a” (Excellent) of Principal Financial Services, Inc. and PFG, as well as the group’s Long-Term Issue Credit Ratings (Long-Term IR). The outlook of these Credit Rat
Mar 01, 2023 04:15 pm ET
Principal Financial Group Announces 2023 and Long-Term Outlook
Principal Financial Group® (Nasdaq: PFG) announced its 2023 and long-term financial guidance today.
Feb 28, 2023 04:15 pm ET
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
Feb 10, 2023 08:15 am ET
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.
Feb 07, 2023 08:15 am ET
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.
Feb 02, 2023 04:15 pm ET
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.
Jan 30, 2023 04:15 pm ET
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.
Jan 18, 2023 09:00 am ET
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
Jan 16, 2023 08:00 am ET
Crane and Principal Asset ManagementSM to develop 100+ MW data center campus in growing Portland market
SAN FRANCISCO, Jan. 16, 2023 /PRNewswire/ -- Crane Data Centers Inc., ("Crane") and Principal Asset Management, through its real estate investment team, announce today the development of a 100+ MW data center campus in the growing Portland market. The site is strategically located in Forest Grove, Oregon proximate to the Hillsboro data center ecosystem with multiple fiber paths, recycled water for cooling, and an onsite substation connected to the transmission grid providing access to low-cost renewable energy.
Jan 09, 2023 05:09 pm ET
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.
Jan 06, 2023 05:00 am ET
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), CC
Dec 06, 2022 09:00 am ET
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®.
Dec 01, 2022 11:20 am ET
Principal® joins First Women’s Bank as Mission Partner
Principal Financial Group® is proud to announce its support today for
Nov 29, 2022 09:00 am ET
Principal® Survey Finds Nonqualified Plans Critical in Key Employee Recruitment and Retention
As employers look for ways to attract and retain the most qualified candidates, employee benefits are becoming more critical to securing top talent who play important roles in their organization1. According to the U.S. Bureau of Labor Statistics, employees change jobs for better pay, improved benefits, opportunities for growth, or a different career altogether. New
Nov 29, 2022 08:30 am ET
Dan Houston to Speak at Goldman Sachs 2022 US Financial Services Conference
Today, Principal Financial Group® (Nasdaq: PFG) announced Dan Houston, chairman, president, & CEO, will participate in a fireside chat at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7, 2022 beginning at approximately 8:00 a.m. Eastern Time. Houston will participate in a question-and-answer sess
Nov 22, 2022 09:00 am ET
Principal Asset ManagementSM real estate strategies score highly for integrating ESG factors into investment practices
Principal Asset ManagementSM announced today that its U.S. real estate core strategy and two European real estate core property strategies received 4-star ratings in 2022 from the Global Real Estate Sustainability Benchmark (GRESB). The ratings place all three strategies in the top 40% of GRESB participants worldwide1 and exhibit a long-standing commitment to integrate Environmental, Social, and Governance (ESG) standards into its real estate investment practices while pursuing positive financial results for clients. Nine strategies also received the green-star rating, wh
Nov 14, 2022 11:00 am ET
Jonas Cutler: 'Recognizing Good Work and Talent Is in Our DNA.'
NORTHAMPTON, MA / ACCESSWIRE / November 14, 2022 / Plenty of fellow Marines spent their off-duty hours on the base in Okinawa, Japan. But not Jonas Cutler.
Nov 14, 2022 09:00 am ET
New analysis from Principal® reveals employer support for financial inclusion differs by job sector
The U.S. is the second most financially inclusive market, according to the 2022 Global Financial Inclusion Index (Index) – driven largely by the financial system and employers’ support of individuals. However, a new U.S.-focused analysis of the Index, sponsored by
Nov 11, 2022 12:45 pm ET
Principal(R) Earns 2023 Military Friendly(R) Employer Designation
DES MOINES, IA / ACCESSWIRE / November 11, 2022 / Principal Financial Group® announced today that it has earned the 2023 Military Friendly® Employer designation. This designation recognizes the company's efforts to create sustainable and meaningful career paths for veterans and military service members, as well as its participation in community outreach related to supporting veteran initiatives. Institutions earning the Military Friendly® Employer designation are evaluated using both publ
Nov 03, 2022 09:00 am ET
Open Enrollment Made Easier through API Update from Ease and Principal
SAN FRANCISCO, Nov. 3, 2022 /PRNewswire/ -- Ease, a leading HR and benefits software solution for small businesses, insurance brokers, and insurance carriers, today announced a more seamless benefits enrollment process is now possible in collaboration with Principal Financial Group®. Through the EaseConnect+ connection the benefits enrollment integration with Principal® will be faster and less complex as a result of the Application Programming Interface (API), which includes an Evidence of Insurability (EOI) API and Member Benefits API. The update will streamline the process, enabling employ
Oct 31, 2022 01:50 pm ET
Widening the Employment Lens to Include Neurodiversity
NORTHAMPTON, MA / ACCESSWIRE / October 31, 2022 / When someone says "neurodiversity," what do you think of? Dyslexia? Attention-deficit hyperactivity disorder? Autism spectrum disorder? Maybe even social anxiety?
Oct 27, 2022 04:15 pm ET
Principal Financial Group® Announces Third Quarter 2022 Results
Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2022.
Oct 25, 2022 11:10 am ET
Principal(R) Releases First Sustainable Financing Report Announcing Allocations of $600M Sustainability Bond
DES MOINES, IA / ACCESSWIRE / October 25, 2022 / - Principal Financial Group® has released its first Principal Sustainable Financing Report to highlight the proceeds allocated to eligible green and social assets from the issuance of the company's $600 million sustainability bond in August 2021. The report details allocation and key performance indicators of the proceeds, which went toward initiatives such as green buildings, renewable energy, energy efficiency, and affordable hous
Oct 25, 2022 09:00 am ET
Principal Financial Group® names Anthony Shea Treadway to lead U.S. Insurance Solutions distribution
Principal Financial Group® today announced industry expert Anthony Shea Treadway will join the company to lead the insurance solutions distribution team. As a senior vice president and head of U.S. Insurance Solutions (USIS) Distribution, Treadway will report to Amy Friedrich, president of USIS, effective November 7.
Oct 25, 2022 08:30 am ET
Principal® Releases First Sustainable Financing Report Announcing Allocations of $600M Sustainability Bond
Principal Financial Group® has released its first Principal Sustainable Financing Report to highlight the proceeds allocated to eligible green and social assets from the issuance of the company’s
Oct 18, 2022 08:45 am ET
Jaya Sharma: 'Our Differences Strengthen Us.'
NORTHAMPTON, MA / ACCESSWIRE / October 18, 2022 / A decade into her career and in an account management role, Jaya Sharma started thinking about making a change. She wanted to find a position that was inspiring and enriching-in other words, one with purpose.
Oct 13, 2022 03:30 pm ET
Principal(R) CEO Dan Houston Honored With “Ethics in Action" Award
DES MOINES, IA / ACCESSWIRE / October 13, 2022 / - Character.org has recognized Dan Houston, chairman, president, and chief executive officer at Principal®, as the recipient of the 2022 John Winthrop Wright "Ethics in Action" award. This award recognizes an individual who demonstrates a sustained commitment to ethical leadership by modeling and emphasizing core ethical values that are essential to the mission and success of their organization.
Oct 10, 2022 08:00 am ET
Principal to announce third quarter 2022 financial results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release third quarter 2022 financial results 15 minutes after U.S. markets close on Thursday, October 27, 2022.
Oct 10, 2022 07:30 am ET
Principal Financial Group® strengthens commitment to global asset management
Principal Financial Group® announced today its investment unit will be doing business as
Oct 03, 2022 08:30 am ET
Principal® Charity Classic sets charitable giving record in 2022
The Principal Charity Classic today announced its 2022 tournament raised more than $8.2 million in support of Iowa children’s charities, surpassing the event’s previous record of $7.3 million set in 2021. The annual PGA TOUR Champions event in Des Moines has now raised more than $45.6 million for Iowa children’s charities since P
Sep 29, 2022 09:30 am ET
Amid economic uncertainty, nonprofits enhancing 403(b) retirement plans for employees
As employers everywhere continue to recover from the long-term impacts of the COVID-19 pandemic and compete for talent, employer contribution rates to 403(b) plans rose almost 24% year-over-year from 4.6% in 2020 to 5.7% of gross annual pay in 2021, according to an annual 403(b) Plan Survey from the Plan Sponsor Council of America
Sep 22, 2022 12:40 pm ET
Sep 21, 2022 01:01 am ET
Global Financial Inclusion Index from Principal® Develops Benchmark for Financial Security and Inclusion Across Global Economies
Singapore is the world’s most financially inclusive market, alongside the U.S., Nordic Europe, and Hong Kong, according to the inaugural Global Financial Inclusion Index (Index) sponsored by
Sep 15, 2022 09:00 am ET
Kevin Farley joins Post Advisory Group as portfolio manager to support growing CLO and structured credit platform
Post Advisory Group, the $15.6 billion AUM global high yield, senior loan and structured credit specialist investment team of
Sep 13, 2022 09:30 am ET
Principal® Survey Finds Retirement “Super Savers” Undeterred by Market Volatility and Inflation, Prioritizing Lofty Savings Goals
New survey findings from Principal Financial Group® shows retirement “Super Savers1” are prioritizing their long-term savings goals even with market volatility, inflationary pressures, a threat of recession, and rising health care costs all weighing on their minds.
Sep 08, 2022 08:00 am ET
DataSetGo to Promote Financial Literacy and Future-Ready Job Skills for 70,000+ High School Students
With a goal of shaping a diverse and future-ready workforce, Principal® Foundation and EVERFI have joined together to create a new data science and financial literacy program for high school students in the U.S. The interactive digital curriculum, called DataSetGo, is a first-of-its-kind education program designed for students to learn how to appl
Aug 30, 2022 02:39 pm ET
Dan Houston to Speak at 2022 KBW Insurance Conference
Today, Principal Financial Group® (Nasdaq: PFG) announced Dan Houston, chairman, president, & CEO, will participate in a fireside chat at the 2022 KBW Insurance Conference on Wednesday, September 7, 2022 beginning at approximately 10:35 a.m. Eastern Time. Houston will participate in a question-and-answer session covering a variety of industry and company specific topics.
Aug 30, 2022 09:00 am ET
Principal® Survey Finds Small and Midsized Businesses Remain Financially Stable Amid Recession Concerns
Sentiment from US small and midsized businesses regarding the health of their business has remained steady despite growing concerns about the economy according to a recent survey by Principal Financial Group®.
Aug 08, 2022 04:15 pm ET
Principal Financial Group® Announces Second Quarter 2022 Results
Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2022.
Jul 14, 2022 08:30 am ET
Principal Financial Group® names Teresa Hassara to lead U.S. workplace retirement business
Principal Financial Group® today announced industry veteran, Teresa Hassara, will join the company to lead its workplace savings and retirement business. As a senior vice president in Retirement and Income Solutions (RIS), Hassara will report to Chris Littlefield, president of RIS, effective August 8.
Jul 07, 2022 04:54 pm ET
Principal to Announce Second Quarter 2022 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release second quarter 2022 financial results 15 minutes after U.S. markets close on Monday, August 8, 2022.
Jul 07, 2022 10:11 am ET
Principal® Announces New Sponsorship of PGA and LPGA Athletes
Principal Financial Group® today announced it has struck a deal to become the official financial services sponsor of four PGA and LPGA athletes: Daniel Berger (USA), Tyrrell Hatton (ENG), Jennifer Kupcho (USA), and Celine Boutier (FRA). The Principal® logo will appear on player hats or shirt sleeves as part of the sponsorship agreement – marking the first time the 140-year-old company has ever sponsored individual professional athletes as part of its marketing strategy.
Jul 06, 2022 09:00 am ET
Principal® Launches New Variable Annuity Buffer Funds to Help Safeguard Investors From Market Volatility
Principal Financial Group® today announced the launch of new buffer fund investment options within its variable annuity business aimed at helping customers balance the need to build and protect savings in retirement with managing risk. The new investment options provide both market growth and limited downside protection – two ke
Jun 23, 2022 09:00 am ET
Principal® Survey Shows Retirement Goal “Reset” for Many U.S. Workers Amid Recent Market Volatility and Inflation
American workers cite saving enough for retirement as their top financial priority in a new survey by Principal Financial Group®, replacing dreams of a lavish retirement with simpler goals of maintaining the current standard of living amid ongoing market volatility and inflationary pressures.
Jun 15, 2022 08:15 am ET
Principal Financial Group® Names Natalie Lamarque as New General Counsel
Principal Financial Group® today announced Natalie Lamarque, will join the company as its new general counsel effective August 1. Lamarque will have oversight over the law department, including government relations and compliance. She will also serve as corporate secretary to the Principal® Board of Directors. Lamarque as
May 25, 2022 09:00 am ET
Principal® Rated No. 1 for Online Group Benefits Administration
Principal Financial Group® was rated No. 1 in Group Benefits for employer web capabilities and experience by DALBAR, Inc. (DALBAR) for
May 25, 2022 08:45 am ET
Principal Financial Group® Closes Reinsurance Transaction
Principal Financial Group® (Nasdaq: PFG) announced today that it has successfully closed its
May 19, 2022 08:30 am ET
Principal® Lists First Semi-Transparent ETF on NYSE
Principal Global Investors® announced the Principal Real Estate Active Opportunities ETF (Ticker: BYRE), the firm’s first semi-transparent ETF, is available for trading upon today’s market open of the New York Stock Exchange. It is a new, actively managed, semi-transparent ETF that has a focused concentration on the non-tr
May 18, 2022 08:30 am ET
Principal Financial Group® Names H. Elizabeth Mitchell to Board of Directors
Principal Financial Group® (Nasdaq: PFG) announced today that H. Elizabeth Mitchell, former president and chief executive officer of Renaissance Reinsurance U.S., has been elected to the Principal® Board of Directors.
May 10, 2022 09:00 am ET
Principal® Earns ENERGY STAR® Partner of the Year Sustained Excellence Award
Principal Real Estate Investors, the real estate investment team of
May 06, 2022 08:00 am ET
Principal® Named to Forbes List of Best Employers for Diversity 2022
Principal Financial Group® was named to the Forbes list of America’s Best Employers for Diversity 2022. This is the company’s third year on the list and highest ranking yet – appearing as number 56 on the total list of 500 companies. Principal® is ninth among companies in the financial services industry.
May 05, 2022 09:00 am ET
Principal® Taps Industry Veteran to Lead Liability-driven Investing Capability for Pension Plans
Principal Financial Group® announced today the addition of Owais Rana to its global asset management business, Principal Global Investors®, as head of liability-driven investing (LDI). In this newly created role, Rana will lead the growth of this core investment opportunity, enhancing the firm’s industry-leading pension servicing capabilities and bringing deep investment and risk management expertise to its pension clients.
May 03, 2022 08:00 am ET
Small and Midsized Businesses Concerned About Inflation, Pressure to Increase Wages and Benefits
Principal Financial Group® reports that while many small and midsized businesses show financial improvement from this time in 2021, shifting geopolitical issues, interest rate hikes, and continued recruitment challenges raise concerns about ongoing impacts.
May 02, 2022 09:00 am ET
Principal® Launches Fintech-Enabled Portfolios for Advisors With 37 New Model Portfolios
Principal Global Investors® today announced an expanded model portfolios product offering featuring 37 new portfolios and a fintech-enabled portfolios solution to help advisors increase client customization, scale, and efficiency.
Apr 28, 2022 04:15 pm ET
Principal Financial Group® Announces First Quarter 2022 Results
Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2022.
Apr 19, 2022 09:00 am ET
Principal Financial Group® Announces Global Financial Inclusion Index
Principal Financial Group® today announced it will launch the Global Financial Inclusion Index (“Index”) in collaboration with the
Apr 04, 2022 08:30 am ET
Principal to Announce First Quarter 2022 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2022 financial results 15 minutes after U.S. markets close on Thursday, April 28, 2022.
Mar 30, 2022 11:00 am ET
Post Advisory Group Closes Oversubscribed CLO Equity Fund
Post Advisory Group, a leading multi-strategy, value-oriented asset manager specializing in sub-investment grade corporate credit with $17.5 billion of assets under management, announced it has completed the capital raise for the Post CLO Equity Master Fund, LP (the Fund), together with associated feeder funds. The Fund, which will invest its
Mar 29, 2022 09:00 am ET
Owners of Small and Midsized Businesses Turn to Employee Benefits to Attract and Retain Top Talent
In response to the ever-changing environment small and midsized businesses (SMBs) operate in today, Principal Financial Group® recently conducted a “check-in” with business owners. The survey, which polled more than 1,000 business owners at the beginning of 2022, revealed that they are turning to employee benefits to improve their ability to attract qualified candidates and retain current employees.
Mar 23, 2022 09:00 am ET
Principal® Survey Reveals Retirement Confidence Gap Across Generations
American workers of all generations put comfortable retirement among their top life goals, yet a large percentage are uncertain about how to plan for it, when to retire, and how they will pay for it, according to the latest Retirement Security Survey released today by retirement and investment leader Principal Financial Group®.
Mar 03, 2022 12:13 pm ET
Principal® Earns #7 Rank on Barron’s 100 Most Sustainable Companies List
Principal Financial Group® was named one of Barron’s 100 Most Sustainable Companies, appearing as number seven – a jump of 59 spots from its 2021 ranking. Principal® was the highest-ranking financial services company to appear on the list.
Mar 02, 2022 01:18 pm ET
AM Best Affirms Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. (PFG) [NASDAQ: PFG] and collectively are referred to as Principal. Concurrently, AM Best has affirmed the Long-Term ICRs of “a” (Excellent) of Principal Financial Services, Inc. and PFG, as well as the group’s Long-Term Issue Credit Ratings (Long-Term IR). The outlook of these Credit Rat
Mar 02, 2022 08:30 am ET
Principal Financial Group Announces 2022 Outlook
Principal Financial Group® (Nasdaq: PFG) announced its 2022 financial guidance today, including strong growth from its refined business portfolio and $2.5-$3.0 billion of planned capital returned to shareholders. The guidance includes the expected impacts of the reinsurance transactions announced in January for the company’s in-force U.S. retail fixed annuity and universal life insurance with secondary guarantee (“ULSG”) blocks of business and additional transactions to improve capital efficiency.
Feb 21, 2022 08:30 am ET
Principal Financial Group ® Announces New Compliance and Investor Relations Leadership
Principal Financial Group® today announced two new leadership hires within compliance and investor relations.
Feb 17, 2022 08:00 am ET
Wellmark® Selects Principal® as Workplace Retirement Plan Provider
Principal Financial Group®, a global leader in retirement plan services and investment management, announced it has been selected by Wellmark as its retirement and income plan provider. Principal will help Wellmark to continue to provide its 1,800 employees in Iowa and South Dakota with tools and resources to focus on their fina
Feb 14, 2022 04:43 pm ET
Dan Houston to Speak at BofA Securities 2022 Insurance Conference
Principal Financial Group® (Nasdaq: PFG) announced today, Dan Houston, chairman, president & CEO, will participate in a fireside chat at the BofA Securities 2022 Insurance Conference on Wednesday, February 16, 2022, at 8:00 a.m. (EST). Houston will speak to the company’s strategy, guided by customers’ strong and growing need to feel financially secure, creating the opportunity for sustained long-term growth for Principal.
Feb 11, 2022 08:30 am ET
Principal to Host 2022 Outlook Call on March 2
Principal Financial Group® (Nasdaq: PFG) will release its outlook for 2022 on Wednesday, March 2, 2022.
Feb 09, 2022 09:30 am ET
Principal® Advances Plan for First Semi-Transparent ETF Offering
Principal Global Investors® today announced its plan to add its first semi-transparent ETF to its growing line-up of ETFs, filing for an exemptive order to use Fidelity’s active equity ETF methodology. This approach complements the active management capabilities of Principal and will help deliver stronger inves
Feb 07, 2022 04:15 pm ET
Principal Financial Group® Announces Fourth Quarter and Full Year 2021 Results
Principal Financial Group® (Nasdaq: PFG) announced results for fourth quarter and the full year of 2021.
Feb 03, 2022 09:00 am ET
Principal Financial Group ® Announces New Head of U.S. Retirement Business
Prior to Principal ®, Littlefield served as president and CEO of two life insurance and annuity companies – Fidelity & Guaranty Life Insurance Holdings (2014-2018) and Aviva USA Corporation (2009-2013). When he joined Principal in 2020 as general counsel, he was responsible for leading the legal, government relations, and compliance departments. He also served as corporate secretary to the Board of Directors.
Feb 02, 2022 08:00 am ET
Principal® Announces New Sponsorship of the Premier Hockey Federation
Principal® and the Premier Hockey Federation (PHF) today announced a new sponsorship that includes Principal becoming the exclusive financial services marketing partner of the PHF. The partnership with Principal is a significant step for continued growth of the PHF, which designates 50 percent of league sponsorship revenue to help increase player salaries.
Jan 31, 2022 04:35 pm ET
AM Best Comments on Credit Ratings of Principal Financial Group, Inc. and Its Subsidiaries Following Reinsurance Announcement
AM Best has commented that the Credit Ratings (ratings) of Principal Financial Services, Inc. (Principal) [NASDAQ: PFG] (headquartered in Des Moines, IA) and its insurance subsidiaries remain unchanged following the Jan. 31, 2022, announcement that Principal Life Insurance Company and Principal National Life Insurance Company have entered into an agreement to cede its in-force U.S. retail fixed annuities and universal life insurance with secondary guarantee (ULSG) blocks of business to Sutton Cayman, Ltd, an affiliate of Talcott Resolution Life, Inc.
Jan 31, 2022 08:30 am ET
Principal Financial Group® Announces Reinsurance Transaction, Increases Share Repurchase Authorization by $1.6 Billion
Principal Financial Group® (Nasdaq: PFG) today announced it has entered into an agreement with an affiliate of Sixth Street and its insurance platform, Talcott Resolution (“Talcott”), to reinsure the company’s in-force U.S. retail fixed annuity and universal life insurance with secondary guarantee (“ULSG”) blocks of busi
Jan 27, 2022 10:00 am ET
Principal® Named “Best Place to Work for LGBTQ+ Equality”
Principal Financial Group® is proud to announce that it has earned, for the seventh year in a row, the designation as a “Best Place to Work for LGBTQ+ Equality” by the Human Rights Campaign Foundation. The 100% rating comes from the 2022 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
Jan 19, 2022 12:05 pm ET
Principal® Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital
Principal Global Investors®, through its direct lending business, Principal Alternative Credit, closed out 2021 with a more than eight-fold increase in committed capital, advancing its plans to expand its private debt capabilities. Marking the completion of its first full year in the direct lending market, Prin
Jan 12, 2022 08:30 am ET
Principal to Announce Fourth Quarter and Full Year 2021 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2021 financial results 15 minutes after U.S. markets close on Monday, February 7, 2022.
Dec 13, 2021 08:20 am ET
Principal® Named a Top Place to Work in Money Management by Pensions & Investments
Principal Financial Group® announced today that its global asset management business,
Dec 07, 2021 09:00 am ET
Small Businesses Make Financial Gains, Closing the Gap with Large Businesses
Principal Financial Group® reported today that small and medium-sized businesses1 (SMBs) are showing stronger current financial health and an increase in hiring, despite the ongoing impacts of COVID-19. At the same time, a shifting environment, lingering economic impacts from the pandemic and increasing employee turnover have made businesses more cautious about their 12-month outlook.
Dec 06, 2021 09:00 am ET
Principal® Real Estate Strategies Score Highly With GRESB for the Sixth Consecutive Year
Principal® announced today that two of its private equity property strategies and a European core property strategy managed by Principal Real Estate Investors received 4-star ratings in 2021 from GRESB, the global ESG benchmark for real estate assets. The ratings place all three strategies in the top 40% of GRESB participants worldwide1 and exhibit a long-standing commitment by Principal Real Estate Investors to integrate Environmental, Social, and Governance (ESG) standards into its investment practices while pursuing positive financial results for clients.
Dec 01, 2021 09:00 am ET
Non-profits to Increase Focus on Retirement Income and Financial Wellness In 2022
More non-profit organizations with 403(b) retirement plans are prioritizing retirement income options in 2022, with the number of plan sponsors citing guaranteed income as a top priority more than doubling since last year, according to a new Plan Sponsor Council of America (PSCA) survey, sponsored by
Dec 01, 2021 08:30 am ET
Deanna Strable to Speak at Goldman Sachs 2021 U.S. 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 Goldman Sachs 2021 U.S. Financial Services Conference on Wednesday, December 8, 2021, at 3:00 p.m. (EST). Strable will speak to the company’s growth drivers, strengthened capital management strategy, and sharp focus on creating long-term shareholder value.
Nov 29, 2021 03:00 pm ET
Principal® Supports Iron Path Capital’s Investment with Versant Diagnostics
Principal Global Investors®, through its direct lending business, Principal Alternative Credit, announced today it served as sole lead arranger and administrative agent on senior secured credit facilities for Versant Diagnostics, an Iron Path Capital portfolio company, in partnership with Alliance Pathology Con
Nov 11, 2021 09:00 am ET
Principal® Joins United Nations Global Compact CFO Taskforce
Principal Financial Group® has joined the U.N. Global Compact CFO Taskforce as the company continues to integrate sustainability commitments into its finance strategies. The taskforce provides an influential platform for financial leaders to mobilize trillions of investment dollars in support of the
Nov 09, 2021 09:00 am ET
Principal® Survey: Labor Market Disruption to Continue With One in Four Workers Planning Employment Change
A quarter of U.S. workers are considering a job change or retirement in the next 12 to 18 months, according to a new survey by Principal Financial Group®. The survey signals the continuation of a tight labor market in 2022 in which employer benefits and retirement plan options will play a role in workers’ decisions.
Nov 01, 2021 09:00 am ET
Principal® Expands Retirement Plan Access to Hispanic Workers by Taking Savings Mobile
Principal Financial Group® announced today an expansion of its suite of retirement solutions for Hispanic workers by adding a Spanish-language option to its mobile retirement app. This enhancement is designed to help increase retirement savings and management access to the thousands of Hispanic workers Principal® serv
Oct 26, 2021 04:54 pm ET
Principal Financial Group® Announces Third Quarter 2021 Results
Principal Financial Group® (Nasdaq: PFG) announced results for third quarter 2021.
Oct 12, 2021 09:00 am ET
Despite Pandemic, Nonprofit Workers Boost Participation in 403(b) Employer Retirement Plans
Despite COVID-19 hitting nonprofit organizations particularly hard last year, nonprofit workers participated in 403(b) retirement plans at the highest level since tracking began in 2008, according to an annual 403(b) Plan Survey from the Plan Sponsor Council of America (PSCA). Overall retirement plan participation continued to climb, risi
Oct 07, 2021 08:30 am ET
Principal to Announce Third Quarter 2021 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release third quarter 2021 financial results 15 minutes after U.S. markets close on Tuesday, October 26, 2021.
Sep 29, 2021 09:00 am ET
Principal® Study: Top Retirement Savers Sock Away More During Pandemic
The COVID-19 pandemic spurred some of the U.S.’s top retirement savers to put away even more money over the past 18 months, according to an annual study released today by Principal Financial Group®.
Sep 21, 2021 09:30 am ET
Principal Charity Classic Sets Charitable Giving Record in 2021
The annual PGA TOUR Champions event in Des Moines has now raised more than $37 million for Iowa children’s charities since Principal Financial Group® became the title sponsor in 2007.
Sep 10, 2021 10:00 am ET
Industry Veteran Joins Principal® to Lead New Global Platforms Unit to Accelerate Growth of Asset Management Business
Principal Financial Group® announced today that Barbara Wenig has joined its global asset management business,
Aug 24, 2021 11:06 am ET
Small and Medium-Sized Businesses Plan to Increase Employee Benefits to Spur Hiring, Growth
Principal Financial Group® reported today an increased focus on key employee well-being initiatives and how benefits are helping employers cope with the pandemic fluctuation as they also make businesses more competitive for the next phase of recovery and growth. Over 90% of surveyed businesses plan to increase at least one benefit in the next 12 months1.
Aug 18, 2021 09:00 am ET
Principal® Announces Executive Promotions Within Corporate Finance, U.S. Insurance Solutions
Principal Financial Group® today announced senior management promotions within corporate finance and U.S. Insurance Solutions (USIS).
Aug 17, 2021 09:00 am ET
Principal Financial Group® Issues $600 Million Sustainability Bond
Principal Financial Group® issued its first sustainability bond on August 16 in the amount of $600 million as part of the company’s commitment to integrating and advancing Environmental, Social, and Governance (ESG) practices and initiatives in its organization and operations.
Aug 11, 2021 09:00 am ET
Principal® Completes Integration of Wells Fargo Institutional Retirement Business
Principal Financial Group®, a global leader in retirement plan services and investment management, recently completed the integration of the Wells Fargo Institutional Retirement business. Principal acquired the Institutional Retirement and Trust business in July 2019 to enhance its retirement and income capabilities, achieve greater scale and balance, and drive business growth.
Jul 27, 2021 04:15 pm ET
Principal Financial Group® Announces Second Quarter 2021 Results
Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2021.
Jul 15, 2021 09:00 am ET
Principal® Survey: 84% of Workers Say Auto-Enrollment Key to Saving Earlier for Retirement, but Only One-Third of Employers Provide the Feature
The vast majority (84%) of workers that were automatically enrolled in their workplace retirement plan say they started to save for retirement sooner than if they had to take action to make the enrollment decision on their own. However, only one-third of employers currently offer automatic enrollment, and among those that do, just 21% have an automatic deferral rate of 6% of eligible pay, according to the latest quarterly Principal® Retirement Security Survey.1
Jul 07, 2021 09:00 am ET
Principal to Announce Second Quarter 2021 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release second quarter 2021 financial results 15 minutes after U.S. markets close on Tuesday, July 27, 2021.
Jun 28, 2021 08:30 am ET
Principal Financial Group® Announces Results of Strategic Review
Principal Financial Group® (Nasdaq: PFG) today announced changes to its portfolio and capital management strategy to drive profitable growth, reduce capital intensity, sharpen its strategic focus, and generate long-term value for shareholders. These changes were approved by the Principal Board of Directors following a co
Jun 25, 2021 10:00 am ET
CORRECTING and REPLACING Principal® Announces Changes to Active Income ETF
Please replace the release issued June 21 at 10:00am ET with the following corrected version due to multiple revisions.
Jun 23, 2021 09:00 am ET
Principal® and Lockton Increase Businesses’ Access to Sophisticated Retirement Options as Clients Rapidly Join New Pooled Employer Plan
Within the first several months of the Principal Financial Group® and Lockton Investment Advisors, LLC launch of a new pooled employer plan (PEP), dozens of employers with plans ranging from $10M to more than $300M in assets under management have adopted the plan or are looking to do so. This interest in a PEP from mid-to-large employers indicates the potential of more widespread uptake of these plans in addition to use by small businesses. These adopting businesses have liked the PEP’s ease of use, the ability to outsource administrative and fiduciary work, and institutional invest
Jun 21, 2021 10:00 am ET
Principal® Announces Changes to Active Income ETF
Principal® announced today plans to change the name of the Principal Active Income ETF (ticker: YLD) as a result of a standard review of its exchange-traded product offering. Effective September 1, 2021, the ETF will be renamed the Principal Active High Yield ETF, and its objective will seek to provide a high level of current income.
Jun 01, 2021 10:01 am ET
Principal® Launches New ETFs, Hires Model Portfolio Strategist to Advance Build Out of Model Portfolio Offering
Principal Financial Group® is continuing to build out its model portfolio offering, making a strategic hire to lead the development of the product offering and bringing to market three new multi-factor ETFs. Both actions will serve as foundational pillars for Principal’s planned growth in the model portfolio space while
May 21, 2021 09:00 am ET
2021 Principal Charity Classic to Double Attendee Capacity
PGA TOUR Champions and the Principal Charity Classic today announced plans to increase attendee capacity for the golf tournament scheduled for June 1-6 at the Wakonda Club in Des Moines.
May 10, 2021 02:15 pm ET
May Tong joins Principal® as portfolio manager for global asset allocation team
Principal Financial Group® announced today May Tong will join Principal Global Asset Allocation ($150 billion AUM1), the specialized global asset allocation investment team of
May 04, 2021 11:11 am ET
Principal® Launches New Model Portfolios with Wilshire
Principal Financial Group® went live Friday with a new offering of model portfolios, in partnership with Wilshire and including iShares® ETFs and BlackRock® bond funds, to meet the evolving needs of advisors searching for diversification, scale, and performance. The 25 portfolios demonstrate each fi
Apr 29, 2021 12:50 pm ET
Small and medium-sized business optimism hits highest levels since 2019
Principal Financial Group® reported today that optimism among small and medium-sized businesses is the highest it's been since the COVID-19 pandemic began, with 57 percent of businesses optimistic about the overall economic outlook for the next 12 months, higher than before the pandemic began1.
Apr 27, 2021 04:15 pm ET
Principal Financial Group Names Claudio Muruzábal to Board of Directors
Principal Financial Group® (Nasdaq: PFG) announced today that Claudio Muruzábal, president of SAP South Europe, Middle East, Africa and chairman of SAP Latin America & Caribbean, has been elected to the Principal® Board of Directors, effective July 1, 2021.
Apr 27, 2021 04:14 pm ET
Principal Financial Group Announces First Quarter 2021 Results
Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2021.
Apr 15, 2021 09:00 am ET
New Principal® Survey: Many employers are concerned about employees’ retirement readiness
One year into the COVID-19 pandemic, business leaders remain focused on helping employees manage the impact of recent market volatility on their retirement plans, according to the latest quarterly Principal® Retirement Security Survey1. More
Apr 14, 2021 09:00 am ET
Principal Financial Group® releases corporate responsibility commitments
Principal Financial Group® released today multi-year corporate responsibility commitments focused on employee empowerment, financial inclusion, and sustainability as part of its environmental, social, and governance (ESG) strategy and issued through its 2020 Corporate Social Responsibility (CSR) report.
Apr 13, 2021 10:00 am ET
Principal® earns ENERGY STAR® Partner of the Year Sustained Excellence Award
For the fourth consecutive year, Principal Financial Group® has been named an ENERGY STAR® Partner of the Year Sustained Excellence award winner via its
Apr 12, 2021 01:32 pm ET
Principal Charity Classic, Sammons Financial Group Launch New Giving Program in Support of DE&I
The Principal Charity Classic and Sammons Financial Group have partnered to launch a new program called The Legacy Project, which will donate to organizations with defined goals, strategies, and measurable outcomes to address the issues of diversity, equity, and inclusion. First year funding in the amount of $50,000 will go to The Directors Council (TDC), a Des Moines-based not-for-profit organization committed to developing social service programs focused on racial disparities and inequities in the areas of employment, education, financial inclusion, health, and housing.
Apr 09, 2021 04:15 pm ET
Principal to Announce First Quarter 2021 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2021 financial results 15 minutes after U.S. markets close on Tuesday, April 27, 2021.
Mar 31, 2021 09:07 am ET
Employee Turnover Spiking for U.S. Small Businesses
Employee turnover increased for the nation’s small businesses due to COVID-19, according to a new survey from Principal Financial Group®. The company’s latest polling of more than 1,000 small business owners revealed a 20% uptick over the past 12 months, reaching its highest levels in years. Among those surveyed, 97% believe the pandemic impacted the turnover.
Feb 25, 2021 08:30 am ET
Principal Financial Group Announces 2021 Outlook
Principal Financial Group® (Nasdaq: PFG) announced 2021 outlook metrics and capital deployment plans. These metrics provide greater clarity around the key drivers of earnings growth for each of the business units. Company senior leaders will provide additional detail on guidance and take questions during a conference call at 10:00 a.m. EST today, Feb. 25, 2021. Slides with additional details of the 2021 outlook are available at
Feb 22, 2021 08:30 am ET
Principal Financial Group Announces Shareholder Value Initiatives
Principal Financial Group® (Nasdaq: PFG) today announced steps to enhance shareholder value by initiating a strategic review of its business mix, capital management, and capital deployment options. Principal® will be adding two new independent directors to its Board of Directors, Maliz Beams and a second director to be named at a later date. These actions, which follow a constructive dialogue with one of Principal’s largest investors, Elliott Investment Management, LP (“Elliott”), build on Principal’s ongoing efforts to drive growth and create value.
Feb 08, 2021 04:15 pm ET
Dan Houston to Speak at BofA Securities 2021 Insurance Conference
Principal Financial Group® (Nasdaq: PFG) announced today Dan Houston, chairman, president, and CEO, will participate in a fireside chat at the Bank of America Securities 2021 Insurance Conference on Thursday, February 11, 2021, at 11:30 a.m. (EST). Houston will speak to the company’s diversified business model and enterprise strategy, and how it’s creating long-term shareholder value and growth for Principal®.
Feb 02, 2021 10:00 am ET
Principal® Invites Students to Compete in EVERFI Black History Month Scholarship Challenge
Principal Financial Group® (Nasdaq: PFG) is inviting high school students in the U.S. to participate in the EVERFI Black History Month Challenge, a first-of-its-kind national scholarship competition to inspire students and spark critical conversations.
Feb 01, 2021 09:00 am ET
RobustWealth Enhances Online Financial Planning Experience
RobustWealth today announced the release of its updated client portal featuring an improved user experience that better guides individuals toward their investment goals.
Jan 28, 2021 04:15 pm ET
Principal® Announces Fourth Quarter and Full Year 2020 Results
Principal Financial Group® (Nasdaq: PFG) announced results for fourth quarter and the full year of 2020.
Jan 21, 2021 03:00 pm ET
Principal® Increases Commitment to Health and Wellness in Real Estate Portfolio, Becomes Fitwel Champion
Principal Financial Group® today announced its commitment to become a Fitwel Champion via its
Jan 19, 2021 04:15 pm ET
Principal to Host 2021 Outlook Call on February 25, 2021
Principal Financial Group® (Nasdaq: PFG) will release its outlook for 2021 on Thursday, February 25, 2021.
Jan 14, 2021 10:00 am ET
Road to Recovery is Uncertain for America’s Small and Medium-sized Businesses
The prolonged economic impacts of COVID-19 are wearing on small and medium-sized businesses as owners report more uncertainty about when and how they may recover, according to a new report from Principal Financial Group®. The Principal Financial Well-Being IndexSM highlights difficulties particularly for those businesses in rural communities.
Jan 11, 2021 02:00 pm ET
Principal Financial Group® Recognized as a Climate Change Leader With A- Rating From CDP
Principal Financial Group® has again achieved Leadership status for environmental stewardship from CDP, formerly known as the Carbon Disclosure Project, after receiving an A- rating on its 2020 CDP Climate Change Report.
Jan 05, 2021 04:15 pm ET
Principal to Announce Fourth Quarter and Full Year 2020 Financial Results
Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2020 financial results 15 minutes after U.S. markets close on Thursday, January 28, 2021.
Jan 04, 2021 07:00 am ET
COVID-19 Impacting Short Term Consumer Confidence, Retirement Planning
A majority of today’s workers and retirees range from feeling cautious to pessimistic about the economic outlook for 2021, with nearly 75% concerned about how the global pandemic may impact their retirement savings, according to the latest Principal®
Dec 14, 2020 08:00 am ET
Principal Named a Best Place to Work in Money Management by Pensions & Investments for Ninth Year
Principal Financial Group® announced today that its global asset management arm,
Dec 14, 2020 07:00 am ET
Principal® Reports Consumers Spending Less, Shopping Differently in an Uncertain Year
Research from Principal Financial Group® released today indicates higher stress levels and less holiday spending among U.S. consumers as many continue to navigate the economic impacts of COVID-19. For those who are planning to spend, a majority will do so online and are decreasing expenses on travel, dining out, and entertainment.
Dec 11, 2020 09:30 am ET
Principal Real Estate Investors Fund Strategies Score Highly With GRESB for Advancements in ESG Program Initiatives
Principal Real Estate Investors announced today that two of its private equity property strategies and a European core property strategy managed by one of its European affiliates received 4-star ratings in 2020 from GRESB, the global ESG benchmark for real estate assets. The ratings exhibi
Dec 10, 2020 12:43 pm ET
Nonqualified Plans Helping to Meet the Needs of Participants and Plan Sponsors Amid COVID-19
Despite a challenging year for workers and businesses alike, new research conducted by Principal® indicated that nonqualified deferred compensation (NQDC) plans - employer-sponsored benefits plans for key employees – continued to be valuable in helping employers an
Dec 01, 2020 08:00 am ET
New 403(b) Survey Finds Most Organizations Staying the Course With Retirement Plans Despite COVID-19
The vast majority (83.6%) of non-profit organizations with 403(b) plans are holding steady and not changing their contribution levels despite the financial pressures of the COVID-19 pandemic, according to a new Plan Sponsor Council of America (PSCA) snapshot survey, sponsored by

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.