Principal Financial Group (ASX: PFG) — Company Overview, News & Financial Data
Principal Financial Group provides global investment management and insurance services, focused on financial well-being and innovation.
Principal Financial Group
Principal Financial Group is a global financial services organization offering retirement, asset management, and insurance products to individual, business, and institutional clients. Headquartered in Des Moines, Iowa, the company provides workplace retirement plans, individual retirement accounts, annuities, and advisory services. Its asset management division delivers investment strategies across equities, fixed income, real estate, and multi-asset capabilities. Additionally, the firm offers group employee benefits, including life, disability, dental, and vision insurance, as well as individual protection products. Operating internationally, the enterprise assists employers and participants in building long-term financial security and managing workforce benefit programs.
Snapshot
Operations
Products and/or services of Principal Financial Group
- Retirement & Income Solutions: Workplace retirement plan administration, 401(k) management, individual retirement accounts, and annuity products designed to help plan sponsors and individual participants accumulate savings, manage retirement risks, and secure guaranteed lifetime income streams.
- Asset Management Services: Investment strategies across global equities, fixed income, real estate, multi-asset solutions, and active manager strategies provided to institutional investors, retail clients, and retirement platforms worldwide through specialized multi-asset investment capabilities.
- Group Life & Disability Insurance: Employee benefit programs including short-term and long-term disability insurance, group term life protection, and state disability leave management provided through employer-sponsored benefits programs across diverse industry sectors.
- Specialty Group Benefits: Dental and vision benefit plans alongside voluntary employee benefits, including critical illness, accident, and hospital indemnity coverage designed to supplement traditional employer-provided medical insurance for workforce coverage.
- Individual Disability & Life Insurance: Individual disability income protection, income replacement retirement security, and comprehensive individual life insurance policies designed to safeguard personal earning potential and assist with estate planning and wealth transfer.
- Business & Executive Solutions: Financial planning products for small and medium-sized businesses, including nonqualified deferred compensation plans, buy-sell agreement funding, key person life insurance, and succession planning tailored for corporate leadership and business owners.
Principal Financial Group executive team
- Ms. Deanna Dawnette Strable-SoethoutPresident, CEO & Chair of the Board
- Mr. Joel Michael PitzExecutive VP & CFO
- Ms. Amy Christine FriedrichPresident of Benefits & Protection
- Mr. Christopher James LittlefieldPresident of Retirement & Income Solutions
- Mr. Kamal BhatiaPresident & CEO of Principal Asset Management
- Ms. Kathleen B. KayExecutive VP & Chief Information Officer
- Mr. Humphrey LeeVP & Head of Investor Relations
- Ms. Noreen M. FierroSenior VP and Enterprise Chief Ethics & Compliance Officer
- Mr. George DjurasovicVP & Interim General Counsel
- Ms. Bethany A. WoodExecutive VP & Chief Marketing Officer