Aegon-owned advisory business Origen is to cut 17 roles following a review of its client service delivery and cost base.
The cuts will not impact Origen's 90-odd advisers, but will affect management and support staff positions. Origen said the review was part of ongoing plans to ensure the business is prepared for the Retail Distribution Review (RDR) and the current economic climate. It added it will not be making any significant changes to its client proposition. There will also be a number of key staff changes. Bob Diamond, previously responsible for corporate clients in the South East, has been appointed to head up Origen's national corporate client business. Kevin O'Farrell, who joined from Barcl...
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