Zurich UK to shut five branches axing 120 staff

Around 60 roles will go from sales operations and a further 60 from marketing as of 1 April, the company says. A spokesperson for Zurich says the changes are part of a strategy to deal with changes in the adviser landscape ahead of the RDR, including advisers' increased use of platforms to write business. Zurich is considering cutting the number of branches from 14 to 9 by closing the Edinburgh, Cambridge, Nottingham and Reigate branches. It is plans to open a new branch in Peterborough to serve advisers in the East Anglia and Nottingham regions. David Etherington, Zurich's c...