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St James&#39s Place sees new business up 16 per cent

St James&#39s Place Capital saw its business grow by 16 per cent to £152m in the nine months to September 30, from £131m for the same period in 2000.

Pension business grew by 36 per cent over the period to £35m from £26m, and life business grew by 4 per cent to £17 per cent from £16m for the same period last year.

But unit trust sales fell compared to the previous year&#39s September figures, down 8 per cent to £251m in 2001 from £273m in 2000.

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