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Scottish Friendly reports record sales

Scottish Friendly sales leapt 40 per cent over the first six months of 1999 compared to the same period last year according to the company.


The friendly society reported a record increase in life and pensions sales of £1.8m to £6.2m from £4.4m over the same period last year.


Scottish Friendly puts these record sales down to a marked increase in sales from IFAs and direct marketing.


Its chief executive Bob Thompson says: &#34Our sales growth is due to continued expansion in our IFA and direct marketing channels, where sales have grown by 84 per cent to £540,000 from £293,000 and 60 per cent to £4.8m from £3m respectively compared with the same period last year.

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