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Scottish Provident
Founded in 1837, Scottish Provident was bought by the Abbey group in 2000 for £1.8 billion. Late in 2004, the Spanish Bank Banco Santander acquired the Abbey group. It has been reported that Scottish Provident is the only part of the Abbey to have increased its market share in personal financial services. Scottish Provident is a market leader in comprehensive critical-illness policies, alongside its already competitive life insurance, private term assurance and pension and investment products.
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