Financial services group St James's Place (SJP) recorded a 13% increase in sales to £154m in the third quarter, it said today.
Total new business on an APE basis was £153.9m, up from £136.5m in the same period last year.
There were some £1.3bn of new investments, bringing the company's nine-month gross inflows to £4bn, up 14% on the same period last year.
Single premium pension sales in the three months to 30 September were £474m, up 28% on the £370m recorded at the same stage last year.
SJP said the fall in the world stock markets was the major contributor to an 8% reduction in the level of funds under management during the period to £26.7bn.
David Bellamy, CEO, said: "I am pleased to report another very robust set of new business figures for the third quarter.
"The extremely volatile markets and uncertainty that has prevailed in recent weeks inevitably affect the timing of clients' investment decisions, and we are not immune from that.
"Nevertheless, the breadth of our investment proposition, together with the strength of our distribution, continues to give us competitive advantage."
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