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

UK fund flows drop 92% in July amid volatility and geopolitical friction

UK fund flows drop 92% in July amid volatility and geopolitical friction

IA data shows

Cristian Angeloni
clock 04 September 2026 • 2 min read
Index providers: The importance of being earnest

Index providers: The importance of being earnest

Not all indices are created in the same way

Colin Leggett
clock 27 August 2026 • 7 min read
Darius McDermott: Electrification's second act

Darius McDermott: Electrification's second act

Electrification has become a national security question

Darius McDermott
clock 24 August 2026 • 5 min read