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Sun Life & Provincial
Sun Life & Provincial has announced plans to set up a new internet site offering insurance, banking and share dealing, and will improve customer choice by also supplying products from competitors.
Sun Life & Provincial is to sell its Irish life assurance business to Royal Liverpool Assurance for about £86m.
Sun Life & Provincial is selling the life assurance business of Guardian Royal Exchange to Aegon of the Netherlands for £759m, and the enlarged company will be run from Aegon's existing facilities in Edinburgh.
Sun Life & Provincial is to sell its 83% stake in New Ireland, the Irish life assurance concern, to the Bank of Ireland for £190m.