Friends Provident is expecting its total life and pensions sales in the first nine-months of 2007 to be up 16% on the corresponding period last year.
The insurer announced today sales are projected to exceed £5.4bn, up from £4.6bn last year. UK sales are expected to be £3.4bn, an 11% jump on the same period last year (£3.03bn). Friends Provident says its Q3 trading figures remain “in line with expectations”. “Total life and pensions sales are expected to exceed those in the second quarter with particularly strong performances from both international businesses and from group pensions,” the statement reads. “Sales in protection and investment continue to perform in line with the trend seen in the first half of the year.” Meanwhi...
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