NU job cull spreads to Aviva Investors

clock

At least five members of Aviva Investors' sales team are being made redundant as part of massive job cuts at Norwich Union Life.

A spokesman for the insurer says the latest cuts represent "the detail" behind the 1,390 posts it announced would be lost on 2 April, even though it initially said only IT, business change and contract positions would go. In September 2008 Aviva Investors became the trading name for a group of asset management businesses owned by Aviva plc under a single management structure and brand. Earlier this month, Norwich Union, soon to be universally known as Aviva, said the "inevitable" job losses are a result of moves over the last three years to simplify its operations and improve efficiency...

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 Investment

Low-cost platforms spur one in three UK adults to invest

Low-cost platforms spur one in three UK adults to invest

Trading 212 the main beneficiary

Michael Nelson
clock 12 March 2026 • 2 min read
Understanding the investment appeal of the energy addition

Understanding the investment appeal of the energy addition

Positive change takes time

Tim Humphreys
clock 11 March 2026 • 4 min read
Chaos is not a ladder: Navigating human behaviour at times of market stress

Chaos is not a ladder: Navigating human behaviour at times of market stress

'It is important to maintain perspective'

Sacha Chorley
clock 09 March 2026 • 4 min read