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EQ teams up with Principal Financial Group® in support of equity compensation services solution

Thursday, September 24, 2020

Principal Financial Group® has teamed up with EQ U.S., part of Equiniti Group plc, and leading provider of transfer agent, shareholder and participant services, to support its launch of equity compensation plan services. Seamlessly integrated into the Principal® Total Retirement Solutions, EQ U.S.’s platform offers unique business intelligence analytics, interactive financial reporting dashboards and global capabilities to serve participants around the world in their preferred language and currency.

As a company with tenured experience in equity ownership and that supports more than five million shareholders in the U.S. alone, EQ is strongly positioned to support Principal in their new offering.

“Especially in these difficult economic times, enabling clients with the tools to simplify processes while delivering exceptional service remains our focus,” said Todd May, CEO, EQ U.S. “We look forward to supporting the Principal® Equity Compensation Solutions offering with our robust solution that is like no other in the industry.”

EQ U.S.’s equity compensation offering, which was launched in 2019, has seen strong momentum through a number of sales to new, existing and channel partner clients.  

Notes to the editor

About EQ U.S.

EQ U.S. provides transfer agent, equity compensation and proxy solicitation services that help companies reduce risk, realize efficiencies and improve shareholder experiences. We’ve been helping the world’s leading brands raise capital, incentivize employees and service shareholders while staying compliant since 1929.

In the U.S., we are responsible for 5 million shareholders, and together with Equiniti Group plc, we support nearly 23 million shareholders worldwide, issuing more than $380 billion in payments each year across the globe. EQ U.S.’s purpose is to care for every customer and simplify each and every transaction, delivering the highest levels of service through an effortless and enjoyable experience.

EQ U.S. is a part of Equiniti Group plc, listed on the London Stock Exchange, delivering payments, administration and technology services to organizations globally.

About Principal®

Principal helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives. Our employees are passionate about helping clients of all income and portfolio sizes achieve their goals – offering innovative ideas, investment expertise and real-life solutions to make financial progress possible. To find out more, visit us at principal.com.