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Friendly societies are mutual organisations that offer their members a wide range of financial products. They all offer short term savings accounts and some also provide long term savings, investments, pensions, and annuities Leave original capital and money so that it makes the most money possible Capital growth Retrieve extra money made from investments, without altering the previous capital Income Sacrifice making less for earning more income, or make more but earn less Both Insurance companies provide a range of long term investment products that incorporate life assurance + pensions. Pension funds accept peoples savings throughout their working lives and invest the money so that the savers will eventually have a pension to finance their retirement Whatever a persons objective, the investment company will help them to achieve it, also taking into account their attitude to risk, the amount to be invested and the length of time for which 2.3 - PROVIDERS OF LONG-TERM SAVINGS + ...
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