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Lincoln National sells UK arm

US Life group Lincoln National is selling its British subsidiary following a strategic review.


The review has forced the parent company to generate a further £70.4m to cover possible pension misselling compensation costs.


Two years ago it designated £254m to cover the costs, believing this amount would cover the compensation claims adequately.


British staff were “shocked” at the news of the sell-off.


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In Focus — May 2015: private medical insurance market in Germany

Welcome to the latest edition of In Focus. In this issue, Jelf examines the private medical insurance market for employers with expatriate workforces in Germany. This includes the common challenges faced in sourcing appropriate coverage, along with a selection of available solutions. This will be of particular interest to HR/reward decision makers with employees based in Germany. It will assess the cultural norms, risks and backdrop that are relevant to organisations with expatriate staff in this location.

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