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Standard Life Investments sees retail business up 115 per cent

Standard Life Investment increased its new retail investment business by a record 115 per cent in 1998.


It took more than £50m of new money in the first quarter after its launch in November 1998.


Its lump sum contributions increased by 131 per cent to £49m.


SLI chief executive Sandie Crombie says: &#34Based on these figures for the first quarter it is very clear the launch of SLI as a separate subsidiary has been very well received in the market.&#34


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