7 MARCH 1931, Page 56
Scorrisu Winows.
Remarkable progress continues to' be made by the Scottish Widow's Fund and Life Assurance Society, and for last year the new business established a fresh high record, the total being £3,720,000. This was achieved notwithstanding a set-back in single premium assurances owing, of course, to the provisions of the last Finance Act. At the meeting on Tuesday the Chairman, Mr. A. W. Robertson Durham, said that he thought that financial conditions in 1929 had brought into relief the greater advantages which life assurance offered not only as a protection in the case of death, but as a really gilt-edged investment.