James Hay pays out £700k of redundancy after laying off staff
36 people made redundant
Pension provider James Hay has faced a difficult first half of 2017 with its restructure resulting in 36 people being made redundant at a cost of £685,000 to the business.
Parent company IFG said in its half-year results out on 30 August the restructure would deliver efficiency gains, give better outcomes for customers and improve operating margins. However, it acknowledged...
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