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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
August 04, 2003 at 08:00 PM
NU Online News Service, Aug. 4, 2003, 7:33 p.m. EDT – Principal Financial Group Inc., Des Moines, Iowa, is reporting $202 million in net income for the second quarter on $2.4 billion in revenue, up from $120 million in net income on $2.3 billion in revenue for the second quarter of 2002.
The company benefited during the quarter from a decrease in the net loss on investments sold, written down or written off to $15 million, from $70 million for the comparable quarter in 2002.
Earnings also benefited from strong sales and retention of retirement products and an improvement in the ratio of claims to premiums in the group medical, group dental and group vision businesses, the company says.
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