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Monday, August 03, 2009

GE agents return commission

Great Eastern announced on Aug 31 that it is making a one-time redemption offer to its GreatLink Choice (GLC) policyholders.

Today's copy the Straits Times mentioned about 1,000 Great Eastern agents are told to return up to S$12.6 million in commissions received from policies they sold up to four years ago. By simple arithmetic, each agent will need to return $12,600. That's a lot of commission!

GE agents return commission [via]

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