24 MARCH 1928, Page 42

SCOTTISH PROVIDENT.

There were two noteworthy points. brought out _at the meeting held this week of. tie §cottish Provident Institution. In_the first_ place,_tlik new business for the year was excellent, exceeding 12,800,000 in new policies, and representing an increase of £170,000 over the previous year. The other point referred to by the Chairman, Mr. D. Douglas igaclagan, in -coimexion with the expeniei of the company, was the lowness of its premium scales, thereby, of course, producing a relatively high ratio when measured in relation to premiums alone.