Reverse Mortgage CommercialReversed Mortgage Commercial (reverse mortgage)
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What are commercial mortgage rates in Canada?
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China's Gansu Provincial wants to strengthen commercial annuity sector
China's north-western Gansu Province said it will encourage commercial insurers to diversify commercial annuity product development to cover the growing demands of an aging population, the Gansu administration said in a declaration. Gansu will be encouraging occupational pensions providers to introduce benefit schemes for the elderly and retirement schemes for unaccompanied and unaccompanied mothers.
Commercial insurers are also invited to work with business to bring additional annuity product to market and to take part in the annuity reforms in governments and publicly owned entities, the declaration states. Gansu areas that fulfill certain criteria are emboldened to conduct reverse mortgage pilots aimed at older people.