Decision to keep rates low could hurt interest in annuities
Reduced commissions for agents, more tweaking to annuities and lower profitability could be in store for life insurers…
Reduced commissions for agents, more tweaking to annuities and lower profitability could be in store for life insurers now that the Federal Reserve has committed to keeping interest rates low until late 2014.
The Fed said last week that it will maintain the target range for the federal fund
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