News Releases
May 10, 2012Most Americans List Income Protection Among Most Important Financial Goals, Yet Very Few Own Disability InsuranceMILWAUKEE, May 10, 2012 /PRNewswire/ -- Maintaining standard of living is a top financial goal among Americans, yet few are taking active steps to protect their ability to reach this goal, according to Northwestern Mutual's recent study, The State of Planning in America. (more) |
May 09, 2012Northwestern Mutual Announces Grants to Support Milwaukee AttractionsMILWAUKEE, May 9, 2012 /PRNewswire/ -- Studies show that events and cultural attractions strengthen a region's economic growth, acting as magnets for both corporate relocations and prospective workers. As part of its efforts to strengthen the community where the company's 5,000 employees live and work, Northwestern Mutual, through its Foundation, is announcing $500,000 in grants to support nonprofit programs that help make Milwaukee a destination for visitors. (more) |
May 08, 2012Northwestern Mutual Study Indicates Contrast in Planning Perspectives About Individuals Compared to the NationMILWAUKEE, May 8, 2012 /PRNewswire/ -- Northwestern Mutual releases today the third in a series of research studies examining the state of planning in America. The Planning Perspectives Study asked respondents to weigh in on whether they as individuals and the nation as a whole are moving in the right direction when it comes to key financial planning categories. (more) |
May 02, 2012A.M. Best Affirms Northwestern Mutual's Best-Possible A++ Financial Strength Rating for the 37th Consecutive YearMILWAUKEE, May 2, 2012 /PRNewswire/ -- A.M. Best has affirmed the A++ insurance financial strength ratings for Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company. This is the agency's highest possible rating assigned to insurers, and is given to companies viewed as possessing superior ability to meet their ongoing obligations to policyowners. The outlook for both companies remains stable. (more) |
May 02, 2012Top Business Leaders Embark on Multi-City Tour to Discuss the Economy and the Importance of a Financial Game PlanMILWAUKEE, May 2, 2012 /PRNewswire/ -- Northwestern Mutual Chairman and CEO John Schlifske and Steve Forbes, chairman and editor-in-chief of Forbes Media, will speak to thousands of business and community leaders in seven cities around the U.S. this week. (more) |
April 27, 2012Northwestern Mutual Names Ron Joelson Chief Investment OfficerMILWAUKEE, April 27, 2012 /PRNewswire/ -- Ron Joelson, current chief investment officer of Genworth Financial, will join Northwestern Mutual on June 4 and succeed Mark Doll as the company's next chief investment officer. Doll will retire on June 30 after a 40-year career with Northwestern Mutual. (more) |
April 25, 2012Northwestern Mutual Research Indicates Many Are Financially Unprepared to Live Beyond Average Life ExpectanciesMILWAUKEE, April 25, 2012 /PRNewswire/ -- Northwestern Mutual released today the Longevity & Preparedness Study that reveals Americans appear to be startlingly unprepared financially to live into their 70s, 80s and 90s. The study is the second in a series of research exploring the state of planning in America. (more) |
April 20, 2012Northwestern Mutual Sells Russell Investments Center in Seattle Generating Strong Return for its PolicyownersMILWAUKEE, April 20, 2012 /PRNewswire/ -- Northwestern Mutual has sold the Russell Investments Center to CommonWealth Partners for $480 million. It is believed to be the largest single asset office sale in the Western United States since 2006. (more) |
April 19, 2012Watertown, NY, Resident Wins Northwestern Mutual NCAA® March Madness® Bracket ChallengeMILWAUKEE, April 19, 2012 /PRNewswire/ -- Watertown, N.Y., resident Tammy Thomas has won the Northwestern Mutual NCAA March Madness Bracket Challenge, featured at SI.com. More than 20,000 college basketball fans from throughout the country participated in the 2012 Bracket Challenge that required players to predict the winners throughout the NCAA Division I Men's Basketball Championship. (more) |
April 18, 2012Northwestern Mutual Study Indicates Nearly Half of Americans Take a Casual Approach to Financial PlanningMILWAUKEE, April 18, 2012 /PRNewswire/ -- Northwestern Mutual released today the Planning & Progress Study, the first in a series of research studies exploring the state of planning in America. This study found that about half of Americans take an informal approach to financial planning – if they have a plan at all – and the majority (59%) feel their planning needs improvement. (more) |
April 17, 2012Northwestern Mutual Foundation Poll Finds Americans Want To Be SaversMILWAUKEE, April 17, 2012 /PRNewswire/ -- When it comes to spending versus saving, most people consider themselves savers. According to the latest poll released by the Northwestern Mutual Foundation's financial literacy website, Themint.org, 79% of people say they would rather have $500 dollars to spend five years from now than $50 to spend today. (more) |
April 13, 2012Northwestern Mutual, Largest Corporate Foundation in Wisconsin, Continues GrowingMILWAUKEE, April 13, 2012 /PRNewswire/ -- While most major grant makers in the U.S. plan to maintain or reduce charitable giving in 2012, Northwestern Mutual is growing its giving to $16.7 million in fiscal year 2012. The company expects to retain its position as the largest corporate foundation in the state of Wisconsin. (more) |
April 12, 2012Northwestern Mutual Encourages Americans to 'Live Confidently'MILWAUKEE, April 12, 2012 /PRNewswire/ -- Northwestern Mutual offers a personal perspective on the value of planning in its online, interactive Annual Report, which outlines the enduring financial strength and stability of the 155-year-old mutual company. Real-life client success stories – delivered in short videos – accompany the report. (more) |
April 10, 2012Themint.org Makes Financial Literacy FunMILKWAUKEE, April 10, 2012 /PRNewswire/ -- April is Financial Literacy Month, a perfect time for parents, children and educators to have fun learning important life skills about money matters. To mark the occasion, the Northwestern Mutual Foundation's financial literacy website themint.org has unveiled new resources and engaging educational tools, along with an updated look and site navigation. (more) |
April 05, 2012Northwestern Mutual Ranks High in J.D. Power & Associates Advisor Satisfaction SurveyMILWAUKEE, April 5, 2012 /PRNewswire/ -- Northwestern Mutual's financial representatives are some of the most-satisfied in the industry, according to J.D. Power and Associates' 2012 U.S. Financial Advisor Satisfaction Study. With a score of 831 out of 1,000, Northwestern Mutual Investment Services (NMIS) scored well above the industry average of 774, and ranked behind only Commonwealth Financial Network and Raymond James in the Independent Advisor category. (more) |
April 03, 2012Northwestern Mutual Announces 26 Grants to Promote Literacy and Higher EducationMILWAUKEE, April 3, 2012 /PRNewswire/ -- Numerous studies show that a child's reading skill is a key determinant of future success both inside and outside the classroom. Northwestern Mutual, through its Foundation, is announcing 26 grants totaling nearly $1.4 million to 23 Wisconsin nonprofits that promote childhood literacy and increase access to higher education. (more) |
March 13, 2012Northwestern Mutual Executive Named Among Savoy Magazine's Top Influential Blacks in Corporate AmericaMILWAUKEE, March 13, 2012 /PRNewswire/ -- A Milwaukee-area communications executive is getting national attention for the impact she's making at her company and in the community. Savoy Magazine is announcing that Kimberley Crews Goode, Northwestern Mutual vice president- communications and corporate affairs, has been selected as one of the magazine's Top 100 Most Influential Blacks in Corporate America for 2012. The biennial article in the Spring 2012 issue is honoring Ms. Goode among a cross-section of American business leaders and executives. (more) |
March 11, 2012Game On! Northwestern Mutual Teams with Sports Illustrated to Launch a NCAA® March Madness® Bracket ChallengeMILWAUKEE, March 11, 2012 /PRNewswire/ -- Northwestern Mutual is joining with Sports Illustrated to give college basketball fans a chance to win a trip to the 2013 NCAA Men's Final Four® in Atlanta, Ga. The NCAA March Madness Bracket Challenge awards one winner a trip for two to next year's big event in college basketball. The bracket challenge kicks off Northwestern Mutual's recently formed corporate partnership with the NCAA. (more) |
March 06, 2012Northwestern Mutual Grants Promote Job Training and Neighborhood RevitalizationMILWAUKEE, March 6, 2012 /PRNewswire/ -- According to the U.S. Department of Labor, more U.S. employers are hiring and many are looking for applicants with specific skills and training. To make employment more accessible for job-seekers, Northwestern Mutual, through its Foundation, is announcing nearly $700,000 in grants to 14nonprofits that provide job training, business development and access to crucial community resources. (more) |
March 01, 2012Northwestern Mutual is One of the "World's Most Admired" CompaniesOn the eve of its 155th anniversary, Northwestern Mutual is being honored again as one of the “World’s Most Admired Companies” in the life insurance industry, according to executives, directors and analysts worldwide responding to FORTUNE® magazine’s 2012 annual survey. (more) |
February 28, 2012Northwestern Mutual Empowers Financial Representatives on Social Media with Hearsay Social TechnologyUsers of social networks like Facebook and LinkedIn will be able to interact with Northwestern Mutual's financial representatives like never before. The leading financial security company is launching Hearsay Social's leading enterprise social marketing platform, simplifying the way in which Northwestern Mutual's more than 6,000 financial representatives are able to build relationships and share information on social networks. (more) |
February 10, 2012Northwestern Mutual Adds New Jobs at Its HeadquartersIn a U.S. jobs report released last week, the Department of Labor reported that employers have been hiring more in recent months, and Northwestern Mutual is set to continue this trend in its own business throughout 2012. Specifically, meeting the needs of its growing client base and the increasing consumer demand for its comprehensive planning approach to financial security, Northwestern Mutual is creating 60 new positions at its headquarters in 2012. (more) |
February 07, 2012New Northwestern Mutual Grants Promote Healthy Habits in 2012(February 7, 2012 – Milwaukee, WI) Area families will have opportunities to strengthen their bodies and minds due to new support from Northwestern Mutual. Through its Foundation, Northwestern Mutual is announcing more than $660,000 in grants to strengthen nine nonprofits that promote family involvement in wellness education.
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February 01, 2012Northwestern Mutual to recruit more than 5,000 financial professionals in 2012In lockstep with more Americans seeking advice and taking action to plan for financial security in retirement, Northwestern Mutual is embarking on the company’s largest recruiting effort in its 155-year history. During the course of 2012, Northwestern Mutual intends to add more than 2,000 financial representatives and 3,000 financial representative interns. (more) |
January 26, 2012Northwestern Mutual Announces 2011 Financial ResultsMilwaukee, WI (January 26, 2012) – Northwestern Mutual today announced its 2011 financial results, which included an increase in the amount of dividends expected to be paid to its participating policyowners in 2012 to almost $5 billion as well as an increase of more than $500 million in its strong surplus position. (more) |
January 19, 2012Northwestern Mutual Unveils New Data on Long-Term Care Costs Across the NationNorthwestern Mutual’s latest Cost of Long-Term Care study reveals consistently high costs for home health care, assisted living and nursing home care across the nation, underscoring the critical need to address long-term care as part of financial security planning. (more) |
January 06, 2012Northwestern Mutual Announces Multi-Year NCAA® Partnership with Turner Sports and CBS SportsNorthwestern Mutual announced today it has signed on to become the newest official corporate partner of the National Collegiate Athletic Association (NCAA) through a deal with CBS Sports and Turner Sports. (more) |
December 19, 2011This holiday season, are kids spending wisely or wildly?MILWAUKEE (BUSINESS WIRE), December 19, 2011 - When it comes to holiday spending this season, 82% of kids (17 years old and younger) say they have the same amount to spend this year as last, but they are split down the middle as to whether they will spend wisely or wildly. Over half (52%) of kids say they do not plan to establish a budget for their gift-giving to friends and family, while 46% are planning to set a budget, according to the latest poll released by Northwestern Mutual Foundation’s financial literacy website, Themint.org. (more) |
December 13, 2011Northwestern Mutual Again Ranks #1 in National Customer Satisfaction RankingMILWAUKEE (BUSINESS WIRE), December 13, 2011 - When it comes to customer satisfaction, Northwestern Mutual sits atop the life insurance industry for the third year in a row, according to the latest American Customer Satisfaction Index (ACSI). (more) |
December 08, 2011Can You Stop Working Today and Support Yourself Until 2036?MILWAUKEE (BUSINESS WIRE), December 08, 2011 - Just-released U.S. Census Bureau research provides clear evidence that people are living longer, underscoring that individuals need to broaden their understanding of what makes a complete retirement plan, according to Northwestern Mutual. With longevity on the rise, individual retirement planning needs to include asset accumulation and savings, as well as strategies for managing the personal and financial risks that can arise when you live into your 80s and 90s. (more) |
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"Northwestern Mutual"® is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee WI (life insurance, disability insurance, and annuities) and its subsidiaries and affiliates. Long-term care insurance is issued by Northwestern Long Term Care Insurance Company, Milwaukee, WI, a subsidiary of The Northwestern Mutual Life Insurance Company. Securities and investment advisory programs are offered through Northwestern Mutual Investment Services, LLC (NMIS), a wholly-owned company of The Northwestern Mutual Life Insurance Company and a dually registered broker-dealer and investment adviser, member FINRA and SIPC. Investment advisory programs and trust services are offered through Northwestern Mutual Wealth Management Company ® (NMWMC), Milwaukee, WI, a wholly-owned company of The Northwestern Mutual Life Insurance Company and limited purpose federal savings bank. The products and services referenced are offered and sold only by appropriately appointed and licensed entities and representatives of such entities. Each Financial Representative represents one or more, but not necessarily all of the entities shown. The Northwestern Mutual Life Insurance Company is neither a registered investment adviser nor a registered broker-dealer.