Principal Financial Group (PFG)

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.

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.

Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2025.

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.

Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2024.

American workers and business owners were uncertain heading into 2025 as inflation and high interest rates persisted, along with a changing policy environment with the onset of a new presidential administration. With expertise spanning the retirement and small business landscape, Principal Financial Group® research points to current realities for employees and small-to-midsized businesses in America today.

Principal Financial Group® (Nasdaq: PFG) announced today that Amy Friedrich, president, Benefits & Protection, will participate in a fireside chat at the UBS Financial Services Conference on Monday, February 10, 2025, beginning at approximately 11:20 a.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company topics.

Principal Financial Group® (Nasdaq: PFG) announced today that it will release fourth quarter and full year 2024 financial results and the company’s outlook for 2025 after U.S. markets close on Thursday, February 6, 2025.

Principal Financial Group® invites community members to its global headquarters in Des Moines on World Cancer Day, Thursday, February 4, for an educational event with the V Foundation for Cancer Research. The event will feature a keynote from Shane Jacobson, V Foundation Chief Executive Officer and Susanna Greer, Ph.D., V Foundation Chief Scientific Officer, as they provide education on the importance of cancer research, its impact on everyday health and wellness, and the inspirational stories of hope cancer continues to provide.

ELMSFORD, NEW YORK / ACCESSWIRE / December 23, 2024 / DLC, one of the nation's leading owners and operators of open-air shopping centers, has announced the acquisition of two premier Walmart Supercenter-anchored shopping centers in Columbus, Ohio - Taylor Square and Tuttle Crossing - for $76.25 million, with Principal Asset ManagementSM acting as advisor. This transaction continues DLC's targeted expansion in the booming Columbus MSA.

Principal Asset Management℠, the investment management unit of Principal Financial Group®, announced today Pensions & Investments named the firm 2024 Best Place to Work in Money Management. This is the 13th consecutive year Principal has been recognized as a best place to work in the “largest employers” category, earning the recognition every year since the program’s inception.

Principal Financial Group® (Nasdaq: PFG) today announced Lisa Coulson as the company’s next chief human resources officer and senior vice president, effective Nov. 30, 2024. Coulson steps into the role after 17 years with Principal and significant experience helping companies align talent strategy with business objectives and customer needs.

Principal Financial Group® (Nasdaq: PFG) today announced the Board of Directors has appointed president and chief operating officer Deanna Strable as the company’s next president and chief executive officer, effective January 7, 2025. Strable succeeds Dan Houston, who will continue to serve as executive chair of the Board.

Principal Asset Management℠ announced the launch of the International Equity ETF (PIEQ). This ETF will be a large-cap portfolio managed by the Principal equities team. Principal equities, with $154.8 billion in AUM1, has a focused investment strategy combining global insights with local knowledge to deliver a wide range of specialized equity investment solutions.

In a new survey from Principal Financial Group®, middle-income households are generally applying strong retirement savings habits and behaviors, even as they balance competing financial priorities.