Principal Financial Group is a global financial services organization that offers a diverse range of products and solutions to help individuals and businesses manage their financial futures. The company specializes in retirement planning, investment management, and insurance services, catering to the needs of both personal and institutional clients. By leveraging expertise in asset management and risk management, Principal Financial Group strives to provide innovative financial strategies and support for wealth accumulation, protection, and sustainable growth, aiming to empower clients to achieve their long-term financial goals. Read More
Principal Financial Group® (Nasdaq: PFG) announced today that it will release second quarter 2025 financial results after U.S. markets close on Monday, July 28, 2025.
Principal Financial Group® today announced the successful completion of its 145,000-hour global volunteerism goal, a milestone set in July of 2024 to celebrate the company’s 145th anniversary and enduring commitment to building strong communities. One year later, that collective effort has resulted in 157,657 volunteer hours served to support more than 4,100 nonprofits and community organizations across the globe - a 50% increase in volunteer hours completed by Principal employees as compared to the prior year.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at life insurance stocks, starting with Principal Financial Group (NASDAQ:PFG).
Principal Asset Management℠ announces the rebranding of two established apartment communities in the metro Atlanta area. Gables Sugarloaf is now The Quinn Sugarloaf, and Dunwoody Gables is now The Cleo Dunwoody. These updates follow significant capital investment and reflect a renewed focus on serving a growing renter demographic. The ownership and management structure remains unchanged.
New research from Principal ®finds the Principal Financial Well-Being IndexSM at 6.02 out of 10, down sharply from 7.8 in November 2024, and the lowest level recorded since November 2020. The Index is scored on a 0 to 10 scale, where 0 reflects no confidence in business health and outlook, and 10 reflects complete confidence. Though the drop in optimism mimics the sentiment of businesses during the COVID pandemic, unique macroeconomic concerns of today and lessons learned during the pandemic continue to shape employer response. For example, surveyed employers are focused on retaining staff with cuts potentially coming from discretionary spending or services.
Principal Financial Group® (Nasdaq: PFG) today announced the appointment of Joel Pitz as executive vice president and chief financial officer, effective immediately. Pitz steps into the role after 30 years with Principal and brings extensive experience in successfully aligning financial strategy to business goals.
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 has affirmed the group’s Short-Term Issue Credit Rating (Short-Term IR). The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the Long- and Short-Term IRs.) All companies are headquartered in Des Moines, IA.
Wall Street's three-day rally came to a pause on Friday, with major indices hovering near the flatline by midday in New York as caution returned amid mixed signals on U.S.-China trade relations.
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
Principal Financial Group® (Nasdaq: PFG) announced today that it will release first quarter 2025 financial results after U.S. markets close on Thursday, April 24, 2025.
Principal Asset ManagementSM, the investment management unit of Principal Financial Group®, appointed Matthew Peron as Deputy CIO of Equities and Portfolio Manager, a newly established role aimed at further strengthening the equities platform, optimizing performance, and fostering innovation across global equity strategies at Principal.
Principal Asset Management℠ announced the launch of the Principal Capital Appreciation Select ETF (LCAP). This ETF will be managed by Principal Edge, an investment team within Principal Asset Management overseeing $21.1 billion in AUM1. With ongoing market volatility, the case for active equity ETFs — particularly those with large-cap U.S. exposure — is growing stronger. Unlike passive strategies, active management provides the flexibility to navigate uncertainty, identify undervalued opportunities, and seek to mitigate downside risks.
Principal Financial Group® has been recognized as one of the 2025 World’s Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This marks the 14th time Principal has received this prestigious honor, recognizing its dedication to ethical leadership and corporate responsibility.
Similar to how there is not one singular way to retire, there is not one straight forward path to plan and invest for retirement. A recent survey1 from Principal Financial Group® found that three-in-five retirement savers have at some point reduced, stopped, or withdrawn contributions. However, even with a setback, half were able catch up to where they would have been without the shift in contribution patterns.
Principal Asset Management℠, the investment management unit of Principal Financial Group®, reached the final investor close on February 28 for its Principal Data Center Growth & Income Fund (the Fund), which is dedicated to the development of a portfolio of hyperscale data center projects across the United States. The Fund raised $3.64 billion, well in excess of the target from a diverse global investor base. This is the third discretionary data center-focused vehicle by Principal.
Principal Asset Management℠ has hired industry leader, Brant Wong, as head of retirement solutions to lead the expansion and strategic growth of the company’s retirement investment franchise to meet the evolving needs of plan sponsors and participants.
