Prudential Study Finds Asian Americans’ Financial Experience Most Influenced by Family

Prudential Study Finds Asian Americans’ Financial Experience Most Influenced by Family

Prudential Financial (NYSE:PRU) on August 25 will release findings from one of the largest-ever surveys of the financial experience and behaviors among Asian Americans and Pacific Islanders.

Among the report’s highlights:

• The Asian American financial experience is influenced in almost every aspect by the importance of family
• There are notable differences between various Asian American subgroups surveyed (e.g., Chinese Americans, Filipino Americans, Indian Americans) in areas such as levels of income, types of debt and ownership of financial products
• While Asian Americans surveyed plan to retire more than a year earlier compared to the national average, 69% respondents view themselves as not well prepared to make financial decisions and very few actually consult financial professionals

Please join us at a media briefing to review the findings of the Prudential study, and hear more insights from a panel discussion moderated by Betty Liu, Anchor, Bloomberg Television. The panelists will include:

• Sri Reddy, Senior Vice President, Prudential Retirement
• Hurong Lou, Financial Advisor, Prudential Advisors
• Smriti Sinha, Vice President, Prudential Individual Life Insurance

MEDIA:
Linda Fung, (973) 802-7373
linda.fung@prudential.com

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