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Aviva to cut 120 UK jobs

Aviva to cut 120 UK jobs

Aviva is set to cut 120 jobs as it continues to target cost savings of £400 million.

According to the Financial Times Aviva will let go around 120 staff from its Sheffield-based claims management business Asprea.

In August Aviva warned it planned to cut 800 jobs across the UK as part of its cost cutting restructure.

The restructure of the group, implemented in the wake of the chief executive Andrew Moss's departure from the business, is targeting £400 million of cost savings.

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Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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