Title

The state Legislature last year decided to allow Maine banks to sell annuities,

Authors

Source

Portland Press Herald

Date

5-3-1994

Pages

1C, 5C

Abstract

The state Legislature last year decided to allow Maine banks to sell annuities, and Peoples Heritage and Key Bank have already started offering them. There are two kinds of annuities, fixed and variable, and many investors still have trouble understanding what they are and how they work. Details.

Subjects

Banks and banking, Investments

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