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Rechabite Friendly Society launches savings plan for teetotallers

The Rechabite Friendly Society is launching a five year single premium savings plan aimed at teetotallers.


The plan guarantees to pay non-drinkers a guaranteed bonus of 7 per cent in the first year, for a minimum investment of £1,000.


The traditional with-profits savings plan is available to December 31, to individuals who abstain from alcohol.


Rechabite chief executive William Turnbull says: &#34The new five year savings plan is one of the most attractive currently on the market and our other savings products mean we can offer a range of products to suit our members. This is another example of how a an alcohol free lifestyle can pay dividends.&#34

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