Content provided in partnership with

Business Services Industry

Prudential Financial's Koeppel Named Member of ERISA Advisory Council

Business Wire, April 22, 2008

NEWARK, N.J. -- Prudential Financial, Inc. (NYSE: PRU) announced today that Sanford Koeppel, vice president of legislative and regulatory affairs for Prudential Retirement, was one of five new members selected by U.S. Secretary of Labor Elaine L. Chao to serve on the U.S. Department of Labor's 2008 Advisory Council on Employee Welfare and Pension Benefit Plans.

The 15-member council, also known as the ERISA Advisory Council, advises the labor secretary on policies and regulations affecting employee benefit plans governed by the Employee Retirement Income Security Act.

Most Popular Articles in Business: Research and Markets : Tesco Plc - SWOT Framework Analysis; Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors; eBay made easy: ready to start an eBay business? These 5 simple steps will ...; Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...; Wal-Mart's newest distribution center opened last month near the southwest ...; More »

Koeppel will serve a three-year term. He will bring his expertise on retirement security policy issues to bear on topics important to the administration of ERISA. As a member, he will also help identify and define important subjects, investigate and help develop final and interim reports of findings and recommendations to the council.

"Prudential Financial is committed to helping individuals accumulate savings, invest wisely and convert their savings into a lifetime income stream," said Sandy Koeppel. "I'm eager to share Prudential's retirement security message and our industry expertise with the Council so that we can put more Americans on track to a secure retirement," said Koeppel.

The ERISA Advisory Council, established by the Employee Retirement Income Security Act (ERISA), is a bipartisan council consisting of 15 members appointed to represent specified groups and fields that are involved in the employee benefits world. The council meets four times a year and makes recommendations to the U.S. Secretary of Labor regarding functions carried out under ERISA.

Prudential Retirement delivers retirement plan solutions for public, private, and non-profit organizations. Services include state-of-the-art record keeping, administrative services, investment management, comprehensive employee investment education and communications, and trustee services. With nearly 85 years of retirement experience, Prudential Retirement helps meet the needs of nearly 3.4 million defined contribution participants and defined benefit participants and annuitants. Prudential Retirement has $164 billion in account values as of December 31, 2007.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $648 billion of assets under management as of December 31, 2007, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping more than 50 million individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit www.prudential.com.

Business Services Industry

Prudential Financial's Koeppel Named Member of ERISA Advisory Council

Business Wire, April 22, 2008

Find Research Guides for:

Find Featured Titles for: Technology

Most Popular Articles in Business

Most Popular Publications in Business