Principal Financial Group Inc - Company Profile
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Principal Financial Group Inc (PFG) is an investment management group engaged in offering retirement services, insurance solutions and asset management. Distribution network, premium earnings, broad product and service portfolio, and net investment income are the major strengths of the group even as its cost efficiency remains an area for concern. Strategic initiatives, growing life insurance segment, and short-term economic outlook in the US will offer ample opportunities for the group. However, competition, fluctuation in interest rates and risks related to online identity theft and hacking could affect the group’s business performance.
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