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Prudential Financial said Wednesday it will discontinue sales of new group long-term care (LTC) insurance policies.

The prospect of 42,000 Detroit residents with very large retirement checks in their hands has been a boon for local financial advisors, with Friday as deadline.

Women have been thrust into breadwinner role by economic crisis, but say they're not well-prepared to make financial decisions.

There are more women breadwinners than ever before, but they are still woefully unprepared for retirement, according to new research by Prudential.

Fifty-three percent of women are the primary breadwinners, especially as there are more women are rising to this role because of partners losing jobs and marriage after divorce, according to a recent study by Prudential Financial.

Boston College's Center for Retirement Research suggests that 20 percent more American households have fallen behind on retirement planning, compared to 1989.

Plan sponsors globally are accelerating their plans to manage their pension risk and eventually transfer it to outside parties.

Moody's says that the agreement between General Motors and Prudential to provide income annuities for GM pensioneers is a downgrade for the insurer.