LIC The State Run Firm Facing Competition From Nimble Private Competitors

LIS NEWSLIC the state run firm facing competition from nimble private competitors, will soon have a pension strategy regarding its half a mln powerful agents to maintain the flock together among big scale poaching.

The unique pension program for its agents who are earning commissions of greater than 1 lakh each year may benefit about 5 lakh-odd agents whom could be the major target of non-public firms, most of whom are struggling to profit.

The planned scheme is anticipated to be unveiled within the next few days.

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