Prudential to sell full-service retirement business to Empower for $3.5bn
Prudential Financial, Inc. has agreed to divest its full-service retirement business to Empower Retirement, a Denver-based retirement plan recordkeeping financial holding company, for $3.55 billion. ... Read More
Empower Retirement to acquire retirement plan business of MassMutual
Empower Retirement will acquire the retirement plan business of Massachusetts Mutual Life Insurance Company (MassMutual) in a reinsurance transaction for a ceding commission of $2.35 ... Read More