Aviva UK profits rise as life and pension sales climb 10%

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Operating profits at Aviva UK rose 8% to £1.45bn in 2011, thanks largely to a boost in new sales in its life and pensions division.

New sales of life and pensions products increased 10% to £11.3bn last year. Aviva saw gains in sales of workplace savings and protection products, and said it now has a 25% market share in individual annuities....

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