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Stock impact report

Europe’s elder boom and baby bust: Leaders seek innovation to improve retirement security

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Business Wire
NEWARK, N.J.--(BUSINESS WIRE)-- Europe’s rising longevity and falling birthrates are pressuring its retirement systems like never before, as its elderly populations grow relative to its working-age populations. By 2050, nearly one in three Europeans will be over the age of 65, a trend that promises to strain the finances of retirees and their families, as well as the societies in which they live. “Longer life is a gift, but it creates real and profound implications for pension schemes and retirement plans that help people live dignified lives as they grow older,” said Professor David Blake of the Pensions Institute at Cass Business School in the United Kingdom. “Making sure people’s retirement income is both adequate and lasts a lifetime are two of the great challenges of our time.” To tackle such issues, Professor Blake created and hosts the annual International Longevity Risk and Capital Market Show less Read more
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