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CIS announces 24 per cent jump in new business

CIS new life, pensions and unit trust business rose 24 per cent for the first nine months compared to the same period last year.


And equivalent premium incomes increased to £226 million from £182 million last year.


Since launch, CIS has opened more than 100,000 new Isa accounts and 70,000 regular payment trusts, and sales of protection policies have risen by more than 100 per cent.


CIS general manager Martin Clarke says: “Our broad spread of investment and protection products, shortly to include a critical illness policy, is strengthening our customer appeal.”

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