250 go as Brittanic swallows Alba

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LIFE assurer Britannic is cutting 250 職業s after a 戦略の review of the Alba Life 商売/仕事 it bought two years ago. Britannic is 合併するing Alba's Glasgow-based life and 年金s 商売/仕事 with its own based in Wythall Green, 近づく Birmingham.

Around 150 職業s are 存在 transferred to the Midlands but 250 十分な-time staff will go, Britannic said. The 移転 will start now with 完成 scheduled during 2003. A 核心 全労働人口 of 120 十分な-time Alba staff will be 保持するd in Glasgow to manage the company's 法人組織の/企業の 年金 基金s 商売/仕事.

Alba is a の近くにd 基金, it does not take on new 商売/仕事, and Britannic said it 手配中の,お尋ね者 to 削減(する) costs to maximise returns for 存在するing policyholders.

長,指導者 (n)役員/(a)執行力のある Danny O'Neil said the 合併 of the life and 年金s 商売/仕事 was a 'natural next step' in this 過程. A new 操作/手術 - Britannic Group life and 年金s - is 存在 始める,決める up to cater for Alba and Britannic policyholders.

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