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Sumitomo Mitsui Financial Group Inc. plans to increase income from individuals by ¥100 billion within three years by selling a wider array of financial products.

“Sales of personal pensions and investment trusts will continue to be growth areas,” Osamu Endo, deputy president of Tokyo-based Sumitomo Mitsui’s main banking unit, said in an interview Monday. “Those and sales of insurance, which will be fully deregulated in December, will be our three main strategic products.”

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