Prudential Retirement, a business of Prudential Financial Inc., said Wednesday that it has introduced PruSolutions, a defined contribution product for qualified retirement plans with $1 million to $20 million of assets.
It offers smaller companies and their employees plan management, participant education and communication, and investment options. Financial advisers are to have access to plan implementation tools that include weekly updates for sponsors and advisers and quality control.
Prudential Retirement in Newark, N.J., sells retirement plan products - including record keeping, administration, investment management, employee investment education and communications, and trustee services - for public, private, and nonprofit organizations.
