Multiple Carriers Lowers Their Interest Crediting Rates

 carrier-JH Effective March 1, 2014, John Hancock will reduce the interest crediting rate by 0.25% on new and in-force Accumulation UL, Premier Life, and Accumulation IUL fixed account. Please note that the crediting rate will remain unchanged on Protection UL and Protection SUL.
 carrier-LGA Effective February 1, 2014, Legal & General will lower its crediting rate on most of its in-force Universal Life policies to 4.00%. All these UL products are not currently available for sale.
 carrier-protective Effective February 3, 2014, Protective is lowering its credited interest rate for in-force and currently marketed Protective ProClassic UL products. The new credited rate will be 3.30%.
 carrier-transamerica Effective February 10, 2014, Transamerica will lower its interest crediting rate on its TransAce 2013, TransAce CV 2013, and TransAce Survivor 2013 by 0.30%.