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

Rathbones looks for growth after year of internal focus during Investec merger

Rathbones looks for growth after year of internal focus during Investec merger

Growth in funds under management and administration to £115.6bn

Eve Maddock-Jones
clock 15 January 2026 • 3 min read
Brooks Macdonald returns to positive flows in Q2

Brooks Macdonald returns to positive flows in Q2

Funds under management/advice now top £20bn

Jenna Brown
clock 15 January 2026 • 2 min read
PA Awards 2026: Multi-asset shortlists revealed

PA Awards 2026: Multi-asset shortlists revealed

Championing excellence

Professional Adviser
clock 14 January 2026 • 2 min read