Paternoster reports 35% growth in Q1

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PATERNOSTER sales have grown 35pc in the first quarter of the year to £520m compared with £131m the same period in 2007.

The buyout specialist is the annuity provider for members of 37 schemes, with eight of those schemes agreeing the transfer of £530m this quarter. The members of the schemes comprise of 22,800 pens...

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