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Prudential To Exit Variable Annuities With GLWB Business
Prudential Financial is discontinuing all sales of variable annuities with guaranteed living benefits, said chairman and CEO Charlie Lowrey.
CEO: ‘It's almost impossible’ to find a pension plan that provides retirement income
As pension plans fade, today’s investors may want to look to annuities to bridge the retirement gap.
Fear on the wild frontier as riskier stock markets left trailing
Frontier stocks have trailed bigger emerging markets in recovering from the coronavirus-induced crash.
San Francisco passes tax on companies with ‘overpaid’ CEOs
San Francisco voted to pass a tax hike on companies that have CEOs who earn disproportionally more than their employees.