At least 20 advisers at Aegon-owned IFA Origen are set to lose their jobs as part of a company "streamlining" process.
A spokesman for Aegon says of the 72 positions it estimates it will cut, 22 will be financial consultants. Origen says it hopes a number of redundancies can be achieved through voluntary arrangements as it strives to align the business with recommendations in the RDR. Managing director Stephen Greenstreet says: "It is important Origen has a business mix that is profitable in all market conditions, and that we have a high quality team of consultants to take the business forward. "This means taking some tough business decisions [but] it also means the business will be better positi...
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