Friends Provident reports 11pc rise in Q1 new business

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FRIENDS Provident has reported an 11pc increase in first quarter life and pensions new business from £223m to £247m.

Despite this, it reported its fund management subsidiary, F&C Investments, had seen assets under management fall from £103.6bn at December 31 to £101.8bn at the end of March. Friends provident exe...

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