ING Cancels Incentives; Others Move Forward

ING Life Distribution has canceled next year’s incentive trips for its sales agents.

According to published reports, Daniel Mulheran, president of ING Life Distribution, recently sent a letter to ING sales agents announcing the decision to cancel the programs. Mulheran referred to the onset of the recession, as well as increasing numbers of home foreclosures and job losses, as reasons behind the decision. Mulheran reportedly also said recent negative press coverage of industry