Standard Life investment bonds hit £1bn mark
www.moneynews.co.uk > General finance > Standard Life investment bonds hit £1bn mark
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Money News |
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Standard Life investment bonds hit £1bn mark
Wed 7th Dec 2005
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The billion mark sales represents a 40 per cent increase from 2004 and is dominated by the capital investment bond and the distribution bond.
Bond sales have benefited from recent product enhancements and a growing confidence in the investment market, Standard Life said.
Gerry McGrath, product marketing manager for savings and investments, said: "We are delighted to break the £1 billion barrier in bonds sales for this year – we have made a lot of enhancements to our bond offering in the last year and we are now reaping the benefits."
The changes include a greater range of funds, introduction of free switches and a choice of bond charging structure.
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