Corporate Adviser
  • Content Hubs
  • Magazine
  • Alerts
  • Events
  • Video
    • Master Trust Conference 2024 videos
  • Research & Guides
  • About
  • Contact
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG
No Result
View All Result
Corporate Adviser
No Result
View All Result

Aviva outlines restructure office closures

by Corporate Adviser
June 16, 2015
Aviva-signage-building-2013-700.jpg
Share on FacebookShare on TwitterShare on LinkedInShare on Pinterest

The closures, which could lead to job losses believed to be in excess of 700, are part of a restructure that aims to cut £225m a year from expenditure through the £5.6bn takeover.

Any job losses resulting from the closure will form part of the 1,500 potential reduction in headcount already announced in January 2015.

Aviva’s core locations in the UK will in future be Bristol, Norwich, Perth, Sheffield and York, supported by specialist and trading sites in Belfast, Birmingham, Bishopbriggs, Cambridge, Chelmsford, Croydon, Dorking, Exeter, Isle of Man, Eastleigh, Glasgow, Leeds, Leicester, Liverpool, Manchester, Newcastle, Southend and Worthing. Group headquarters will remain in London.

The insurer says it remains firmly committed to the UK market.

An Aviva spokesperson says: “There will be a reduced presence in Dorking, but it will remain a specialist site for our corporate pensions business. We will also have a reduced presence in Exeter and Manchester city centre.

“We appreciate this is disappointing and difficult news for some of our employees and we are helping our people through this process, providing a range of support and advice, and consulting with employee representative bodies about these changes.

“The changes will happen between now and the end of 2016 and we will look to minimise the impact by offering redeployment opportunities where possible.

“The UK is an attractive insurance market and is critical to Aviva’s success. Today’s announcement is part of our long-term strategy to become more efficient and strengthen our position as the leader in our home market.”

 

 

Corporate Adviser Special Report

REQUEST YOUR COPY

Most Popular

  • WTW to acquire Cushon

  • Mercer UK on track for £25bn megafund target ahead of 2030 deadline

  • Targeted support-ready workplace digital adviser launches

  • In focus: Green light for retirement-only CDC

  • Salary sacrifice changes will impact how one in four firms fund benefits: research

  • In focus: Will ‘Keep Britain Working’ kickstart benefits reform?

Corporate Adviser

© 2017-2024 Definite Article Media Limited. Design by 71 Media Limited.

  • About
  • Advertise
  • Privacy policy
  • T&Cs
  • Contact

Follow Us

X
No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.