P503 Teletext 503 May25 03:44:40 ————————————————————————————— UPTURN IN LIFE, PENSION SALES Sales of new life insurance and personal pensions totalled £3.8bn in the first quarter of the year. The data shows the industry recovjting from the setback of mes-sold pensions and the introduction of new rules on the disclosure of fees and commission. The Association of British Insurers said it was encouraged bz the figures, which showed an increase of 9%. ——————————————————————————————————————— Financial headlines 500 City index 501 NEW CHANNEL ISLAND INVESTMENT SECTION SEE PAGE 560 Next CompNews Shares Family Finance