Title

Beginning October 14, Maine banks will be allowed to sell annuities, which they

Authors

Source

Portland Press Herald

Date

7-27-1993

Pages

1C, 7C

Abstract

Beginning October 14, Maine banks will be allowed to sell annuities, which they have traditionally been forbidden from doing. The change will mean that banks will have access to a lucrative investment area, customers will have an alternative means of saving, and insurance companies will have a new source of competition. Details, related article.

Subjects

Banks and banking, Investments

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