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Principal Financial Group Inc (via Public) / Principal Financial Group® Announces Results of Strategic Review (Form 8-K)

Principal Financial Group Inc (via Public) / Principal Financial Group® Announces Results of Strategic Review (Form 8-K)
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Small and medium-sized business optimism hits highest levels since 2019

Small and medium-sized business optimism hits highest levels since 2019
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Principal Financial Group Releases Corporate Responsibility

Des Moines, Iowa /3BL Media/ – Principal Financial Group ® released today multi-year corporate responsibility commitments focused on employee empowerment, financial inclusion, and sustainability as part of its environmental, social, and governance (ESG) strategy and issued through its 2020 Corporate Social Responsibility (CSR) report. “Principal ® was founded to put financial security within reach of more people,” said Dan Houston, chairman, president, and CEO of Principal. “Today, living our purpose by doing the right thing for people, businesses, and communities is more important than ever. These clearly defined commitments help ensure customers, employees, and shareholders understand our dedication to taking action, making progress, and driving outcomes for a more inclusive and sustainable world.”

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Principal Reports Consumers Spending Less, Shopping Differently in an Uncertain Year

Research from Principal Financial Group ® released today indicates higher stress levels and less holiday spending among U.S. consumers as many continue to navigate the economic impacts of COVID-19. For those who are planning to spend, a majority will do so online and are decreasing expenses on travel, dining out, and entertainment. “2020 was a challenging year for many individuals, families, and businesses, and it’s not surprising that many are having to change their typical holiday spending habits,” said Sri Reddy, senior vice president, Retirement and Income Solutions at Principal ®. “While it can be difficult to cut back, particularly during this time of year, less spending today can help make 2021 less financially stressful and support a more secure, long-term financial future.”

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