Title

A new law allows Maine banks to sell annuity investment products, an offering wh

Authors

Source

Portland Press Herald

Date

6-17-1993

Pages

10B

Abstract

A new law allows Maine banks to sell annuity investment products, an offering which was previously the domain of insurance companies. An annuity is a contract that guarantees a fixed or variable payment to an investor at some future date, and are frequently used to fund retirements. Details.

Subjects

Banks and banking, Investments

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