Axa cuts 70 adviser jobs at Yorkshire and Clydesdale

clock

Axa Bancassurance is to cut 70 adviser roles at Yorkshire and Clydesdale banks.

Staff were told news of the job cuts this morning, with the roles being cut at Yorkshire and Clydesdale branches in northern England and Scotland. Axa Bancassurance is the arm of Axa responsible for growing its share of business generated by banks and building societies via strategic partnerships. It entered into a partnership with Clydesdale and Yorkshire in 2008 which sees Axa control investment and protection advice. An Axa statement said: "AXA has today announced changes to its Clydesdale and Yorkshire bancassurance structure resulting in a net reduction of around 70 roles acro...

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 Your profession

Not just a people problem: Why adviser and paraplanner friction is a structural issue

Not just a people problem: Why adviser and paraplanner friction is a structural issue

‘Friction between advisers and paraplanners rarely appears out of the blue’

Duncan Lancashire
clock 02 July 2026 • 4 min read
FSCS pays out more than £125m for unsuitable advice

FSCS pays out more than £125m for unsuitable advice

Unsuitable investment, pension and SIPP advice drive 2025/26 compensation costs

Isabel Baxter
clock 02 July 2026 • 2 min read
Feel Good Friday: Free paraplanning mentoring initiative expands

Feel Good Friday: Free paraplanning mentoring initiative expands

The Paraplanner Club partners with Fundment

Professional Adviser
clock 02 July 2026 • 1 min read