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AMP of Australia is to close its NPI life insurance operation to new business, which will result in the loss of up to 900 jobs at offices in Tunbridge Wells, Peterborough and elsewhere. 24-Jun-2003 AMP of Australia is to demerge its UK-based asset management and life assurance operations into a new group called Henderson. 02-May-2003 AMP is to shed 1,000 sales jobs at its Pearl life assurance subsidiary, with sites in Peterborough and Cambridge being hardest hit, and a further 900 jobs will be lost at its other UK financial services operations. 04-Dec-2002 AMP, the Australian financial services company, has announced plans to shed 1,500 jobs at sites in Peterborough, Cardiff, London, Berkshire and Kent, and its nationwide network of branches will be cut from 57 to 12. 19-Jun-2002 AMP of Australia has sold Cogent, the London-based provider of back office services to investment managers with 1,000 staff, for up to £227m. 20-May-2002 AMP of Australia is planning to expand its door-to-door insurance salesforce in the UK from 600 to 1,000 over the next two years. 16-Oct-2001 AMP of Australia is planning to launch an online investment service in the UK, and customers will be able to seek guidance from call centre staff. 20-Feb-2001 AMP of Australia is planning to cut 3,000 of the 10,000 jobs in its UK financial services business over the next three years, which will affect its NPI, Pearl Assurance and London Life operations. 11-Dec-2000 AMP of Australia is launching a new UK bank, which will offer a range of services to the 3m customers of its Pearl Assurance division. 19-Jun-2000 AMP of Australia is planning to cut 1,250 jobs in its Pearl and NPI life and pensions operations in the UK. 25-Feb-2000 AMP of Australia is planning to double the size of its UK operation and expand into Europe by acquiring a UK life and pensions company as part of a £3bn global expansion. 13-Jan-1997
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