Scottish Mutual to sell Scottish Provident onshore and offshore products
Scottish Provident's products are to be distributed through Scottish Mutual's intermediary branch network. This follows Abbey National's takeover of Scottish Provident, which comes fully into force at midnight on 31 July. The Scottish Provident brand will not disappear following the takeover and its products will instead be marketed alongside those of Scottish Mutual. Scottish Mutual, already owned by Abbey National, has a branch and consultant network to service intermediary requirements, as does Scottish Provident UK. Following the takeover, some rationalisation will take place, ...
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