Prudential Study Finds Asian Americans’ Financial Experience Most Influenced by Family
NEWARK, N.J.–(BUSINESS WIRE)–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
WHAT: | Release of Prudential’s 2016 Asian American Financial Experience |
WHEN: | 10:30 a.m. ET, Thursday, August 25, 2016 |
WHERE: | The Asia Society |
725 Park Avenue (at 70th Street), New York, NY 10021 | |
Rose Conference Hall, 8th Floor | |
Contacts
MEDIA:
Linda Fung, (973) 802-7373
linda.fung@prudential.com