Skandia UK CFO among three senior exec redundancies

clock

Skandia UK is laying off three senior executives as part of a restructuring of the business.

Chief operating officer John Tomlins, chief finance officer Simon Lloyd and platforms delivery director Tim Mann will leave the company. The announcement comes just a month after Skandia unveiled plans to close nine regional offices. A Skandia spokesperson said the redundancies result from a restructuring of its senior executive team. "In essence, the three executives headed up departments, functions or projects that have been reabsorbed into other parts of the business," he said. Tomlins runs the internal shared services function - including IT, platform delivery, human resourc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Consumer Duty Alliance looks to attract advice industry talent

Consumer Duty Alliance looks to attract advice industry talent

New Talent Alliance will be chaired by M&G Wealth Advice MD Tom Hegarty

Isabel Baxter
clock 27 March 2024 • 2 min read
PA Working Lunches: Register today to hear from SimplyBiz

PA Working Lunches: Register today to hear from SimplyBiz

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 27 March 2024 • 1 min read
FCA warns firms and finfluencers to 'keep social media ads lawful'

FCA warns firms and finfluencers to 'keep social media ads lawful'

Regulator sets guidance for financial services promotion

Isabel Baxter
clock 26 March 2024 • 3 min read