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Shepherds to buy unitised with-profits policies

Essex-based traded endowment specialist Shepherds is to become the first trader to buy unitised with-profits policies. It says accepting unitised policies will dramatically boost its sales because the majority of policies taken out over the last ten years have been unitised. The company has developed a specialist team of actuaries to deal with the charging structures of unitised policies.

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Portman Building Society launches one year fixed rate bond

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