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Scottish Friendly Assurance with profits bond stays at six per cent

Scottish Friendly Assurance is launching its growth and security with profits bond for 2001 with a bonus rate of 6 per cent, guaranteed until January 2002. This is the same bonus rate which applied to the bond in 2000.

With a minimum initial investment of £3,000, single investments over £10,000 in the bond receive an additional one per cent allocation with a loyalty bonus of 2.5 per cent extra units payable after 10 years.

Scottish Friendly&#39s new business increased by 25 per cent in 2000.

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