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Scottish Friendly success as sales rise to £8.5m

Scottish Friendly has underlined the strengths of its business model with a rise of over one-third in sales for 2012.

Scotland's biggest financial mutual saw like-for-like sales of its core life and pensions products, based on the industry standard of regular premiums plus one-tenth of single premiums, rise 35% in the calendar year to £8.5 million from £6.3m in 2011.

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