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Standard wins Consignia AVC business

Standard Life has secured new group AVC business from Consignia, formerly the Post Office, which it says could become its largest AVC account.

Standard Life will be an additional AVC provider to the Consignia pension plan final salary scheme, which is offered to all of Consignia&#39s 220,000 employees.

Standard Life marketing assistant general manager Simon Douglas says: “Our with-profits fund will give Consignia employees the opportunity to maximise the potential returns on their retirement savings whilst avoiding the sometimes dramatic instability of investing in the stockmarket.”

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