Bristol financial services company Clerical Medical has seen newbusiness boosted by more than GBP1 billion - in a year that haschanged the face of the pensions industry in Britain.
At the heart of its growth the firm, which employs 1,500 peoplebetween its Bristol headquarters and Clevedon customer-servicecentre, saw sharply rising sales of pensions as well as general salesinto overseas markets.
In February Clerical Medical, owned by HBOS, took control of theoperating business of failed pension firm Equitable Life in a movethat doubled its funds under management from GBP33 billion to GBP65billion and made it one of the UK's largest insurance groups.
The …
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