Sun Life of Canada is shutting its UK sales operation and cutting1,700 jobs over the next three years. The company, which has 100,000 UK shareholders, also issued a profits warning, saying that meeting expectations would be “a challenge.”
The company is closing its doors to individual UK customers but will continue to deal with corporate clients.
An expected 300 staff will remain at the UK headquarters in Basingstoke to service 800,000 policyholders.
Topics Talent
Was this article valuable?
Here are more articles you may enjoy.
Jury Finds No Gun Defect, Sides With Sig Sauer in Unintended Discharge Case 
Taylor Farms, Taco Bell Face Multiple Lawsuits Over Cyclospora Outbreak 
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says 
Lindberg’s Right-Hand Man Sentenced to Two Years After Cooperating With Prosecutors 
