Friday, August 15, 2008

 

Despite Annuity Demand, Banks Don't Respond

With the mortgage and credit markets in shambles and banks reining in lending, any income is welcome income. So community bankers should take note that they're trailing their bigger brethren when it comes to offering a product rich in fees that consumers increasingly desire in uncertain times: annuities.

Despite Annuity Demand, Banks Don't Respond
Source: Financial-Planning

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