Thursday, July 13, 2006
Manulife Halts Japan VA Sales
RBC Capital Markets, 13 July 2006Manulife Japan and its partner banks will suspend sales of certain variable annuity products pending tax clarification starting today.Investment Opinion� Certain VA Sales Suspended. Manulife Japan asked, and its partner banks complied, to suspend sales of certain Variable Annuity (VA) sales pending resolution of income tax treatment in the hands of annuitants.
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