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Genworth Financial Inc. tumbled in early trading as the companys chief executive officer predicted a tougher path ahead after the insurer posted a record loss.

Investors are reviewing their allocations, moving money to competitors such as Vanguard Group Inc. and DoubleLine Capital LP.

Strategies for drawing down lump-sum accounts in retirement -- more important than ever in the 401(k) era -- have received little attention from policy makers.

Bill Grosss departure is opening the door for smaller competitors to break Pimcos dominance after the worlds biggest bond firm quintupled assets to $2 trillion over the past decade.

Prudential Financial Inc., the second-largest U.S. life insurer, agreed to take on $1.4 billion of pension liabilities from Bristol-Myers Squibb Co. as the drugmaker works to limit retirement obligations.

A Prudential white paper spells out five common beliefs it has identified as acting as deterrents to derisking, and debunks them one by one.

Allstate Corp. is betting on timber and real estate to boost returns at a struggling annuity unit.

MetLife Inc. is deemed systemically important by a panel of regulators, a decision that would subject the biggest U.S. life insurer to stricter Federal Reserve oversight.