Friends Provident boosts new pensions business by 51%

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FRIENDS Provident's new pension business increased by 51pc in the first half of this year. But the life firm's interim figures show a 9pc drop in overall profit.

The life firm reported that UK life and pensions new business had increased to £53m in the first six months of the year from £35m in the same period last year. Despite this, its overall profit di...

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