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Wesleyan new life and pensions business up 34 per cent

Wesleyan grew its new life and pensions business by 34 per cent to £12.2m in 1998 from £9.1m boosted by strong sales of annual premium products.

The life offices increased its new annual premium pension business by 49 per cent to £4.02m from £2.69m. Its new annual premium life business rose 29 per cent to £7.23m from £5.62m.


Buy-to-let mortgage sales on the rise

Over £1.7bn of property has been bought through buy-to-let mortgage schemes since 1996 according to the Association of Residential Letting Agents.It says that in the three months to January 1999, 4,609 buy-to-let mortgages worth over £330m were completed. This figure represents a growth of 36 per cent from the previous three months.The average cost of […]

CIS makes ethical fund available as ISA

CIS says that it is making its Environ ethical and ecological fund available as an ISA from the April 6 start date this year.The ISA will be available to investors who contribute a lump sum of £500 or £50 a month.The life office believes it is among the first to announce an ethical ISA prodcut.


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