Remove Duplicate Words from the Record

Hi All,

I would like to know whether I can remove the duplication value from the following records using T-SQL/function :-

Before

1) MR K & MRS B DOWLING - VERWOOD PENSION FUND A/C VERWOOD PENSION FUND A/C
2) DHBELL PTY LTD-BELMATIC EQ (VIC) P/L S/F BELMATIC EQ (VIC)P/L S/F A/C
3) LIPARI PTY LTD-A NATOLI SUPER FUND A/C A NATOLI SUPER FUND A/C

After

1) MR K & MRS B DOWLING - VERWOOD PENSION FUND A/C
2) DHBELL PTY LTD-BELMATIC EQ (VIC) P/L S/F A/C
3) LIPARI PTY LTD-A NATOLI SUPER FUND A/C

Appreciate for the advice with thanks.