n Personal Finance Newsletter - Paying the broker : your money
|Article Title||Paying the broker : your money|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Oct 2009|
According to Momentum's annual results, there has been a decline in the sale of retirement annuities (RAs) and endowments. New business for endowments is down a massive 25%, while RAs are down 4%. This has been in part offset with a 13% increase in new business for risk cover.
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