Prudential Loses Track of Annuity Clients

Prudential Financial Inc. has reported that it has lost track of some of its annuity clients.  This announcement comes on the heels of MetLife’s announcement in December, 2017 that it had lost track of about 30,000 people to whom it owed pension payments as a result of pension de-risking transfers.  According to BloombergMarkets, Prudential will also take a charge tied to losing track of its customers.

If you are a retiree who believes you are missing payments from Prudential, please contact us at eddie@edwardstonelaw.com or (203) 504-8425.