Scottish Friendly sales jump 48% in 2010

The Glasgow-based company saw like-for-like sales increase by 48% in the past 12 months to £12.9m from £8.7m in the previous year, according to the BBC. Scottish Friendly said this was the second year of double digit growth. The company's sales and marketing director Neil Lovatt says: "While we expect the market for savings to be difficult in 2011, we are confident we will continue to attract high profile partnerships, distribution deals and develop new investment products throughout 2011." Scottish Friendly says it has reaped the benefits from its partnership programme with leadin...