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Abbey Life sets up discount deal on Peps

Abbey Life is offering investors a discount of 3 per cent on the initial charge if they buy a Pep in the 1997/98 tax year and another in the 1998/99 tax year. The offer is available on all initial lump sums between January 5 and April 3.

A voucher will be sent to investors to allow a further purchase at the discount rate. Pep transfers before April 3 will also get the 3 per cent discount.

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