Leeson goes as reduncies hit ScotEq

ScotEq's head of sales for international products, Richard Leeson, has been made redundant at Scottish Equitable as the UK and offshore investment sales teams are merging. Aegon UK announced several weeks ago it intends to cut around 600 people and from all departments. However, officials say the reduction of the international team is not directly related to Aegon UK redundancies. Even though the international division has had one of its most successful years to date - with sales up by 32% in the first nine months compared with 2001 and total sales of around £1.6m - Aegon bel...