Pensions Up for Friends

Birmingham PostMay 04, 2005

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Summary


Shares in Friends Provident jumped 6 1 /2p yesterday after the life company reported a strong pick-up in its sales in the first quarter of this year.

In the UK, sales were 20 per cent ahead at pounds 88 million. The biggest gain was in group pensions, 29 per cent higher at pounds 45 million.

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Extract


Pensions Up for Friends

Friends acknowledged that this strong performance reflected a low starting base in the same quarter last year, but said...

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