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Guardian Employee Benefits profits up 20 per cent

Guardian Employee Benefits increased its total new business by 35 per cent to £22.1m in 1998 from £16.4m based on equivalent premium earnings.


Its EPI sales of pension products increased by 22 per cent to £13.6m from £11.15 in 1997. Sales of protection products grew by 60 per cent to £8.5m from £5.3m.


Guardian Financial Services reported flat new business figures at £9.4m in 1998.

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