Resolution sales dive as corporate benefits business drops

Selby, Tom
May 2013
Money Marketing (Online Edition);5/8/2013, p18
The article reports that Resolution & Collection Corp., the parent company of Friends Life Ltd. has reported an 18 percent decline in the British sales in the first quarter from 173 million pounds in 2012 to 142 million pounds in 2013. Tim Tookey, chief financial officer says that the firm expects the performance of its corporate benefits business to improve in the second half of 2013.


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