Related self-dealing claims made against other national financial services providers by participants in their own retirement plans have met varying degrees of success. A new Employee Retirement Income ...

Principal prevailed in a lawsuit that alleged it set the crediting rate for a guaranteed investment contract (GIC) such that it could “retain unreasonably large and/or excessive profits.” Following a ...

Principal Financial Group(R) launched the Principal Guaranteed Option (PGO), a new addition to its suite of fixed income investment options focused on capital preservation and return. The Principal ...

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group ® launched My Principal Lifestyle, a fitness and lifestyle app that rewards insurance customers for activities that contribute to a healthy ...

The Principal Financial Group® introduces new ways for customers to battle the uncertain markets. Principal Universal Life (UL) FlexSM, true to its name, offers clients both flexible protection and ...

A U.S. District Court judge in Des Moines, Iowa, ruled in favor of Principal Life Insurance Co., which had been accused of violating its ERISA duties in the way it calculated and managed a group ...

NEW YORK--(BUSINESS WIRE)--Principal Financial Group ® and Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced today they entered into an agreement with ...

Principal is ending some of its retail business after an activist investor called for a review of all of the company's operations. The Des Moines-based financial services company announced Monday that ...

Silver Creek Development has sealed $57.9 million of high-leveraged construction financing to build a multifamily development in Tempe, Ariz. near Arizona State University (ASU), Commercial Observer ...

Principal Life Insurance Company has provided $42 million for a mixed-use development with affordable housing located across the street from the massive Sony Pictures Entertainment campus in Los ...

Des Moines-based Principal Life Insurance Co. will pay $6 million in a settlement with New York's financial regulator for failing to tell customers whether their new investments would end up costing ...

~ Pension risk transfer agreement provides guaranteed lifetime income for approximately 11,000 retirees, beneficiaries and deferred participants ~ “MetLife is pleased Philips entrusted us, along with ...