UK Business Park





The information on this page comes from the UK Activity Report.
One-month trial now available for £20!


Royal London

Royal London, the mutual life assurer, is to close its direct sales operation with the loss of 380 jobs. 10-Jun-2004

Royal London is to close its insurance office in Colchester, with the loss of 19 jobs and the relocation of 18 jobs to Wilmslow and London. 27-Aug-2003

Royal London is to shed up to 670 jobs in its life assurance business, with sites in Colchester, Edinburgh and Wilmslow being hardest hit. 05-Dec-2002

Royal London is planning to shed 350 jobs in its life and pensions salesforce, as the provision of traditional doorstep financial advice is no longer seen as cost-effective. 21-Mar-2002

Royal London is to acquire Scottish Life, the pensions provider, for £1.1bn, which will lead to the relocation of Scottish Life's investment management arm to London. 03-Oct-2000

Royal London, the life assurer, is to create a further 180 jobs in Wilmslow, Cheshire, but 450 more jobs are being shed in Colchester following its acquisition of United Assurance. 07-Jul-2000

Royal London Insurance is to shed 300 of the 1,200 jobs at its customer service department in Colchester, in order to transfer the operation to the former United Assurance head office in Wilmslow, Cheshire, where 100 jobs will be created. 26-May-2000

Royal London, the mutual life and pensions group, is set to acquire United Assurance in a £1.6bn deal, creating an enlarged group with premiums of £1bn and more than 3m customers. 23-Feb-2000

Norwich Union is in negotiations to acquire the general insurance activities of Royal London, which could lead to the loss of up to 130 jobs at Royal London's head office. 12-Aug-1999

Royal London is to stop paying commission to its life assurance salesforce in order to improve the quality of advice and help recruit better staff. 24-May-1999

Royal London is suspending sales of life assurance and pensions for eight weeks in order to provide additional training to staff, in response to an inspection by the Personal Investment Authority. 20-Mar-1999



The information on this page comes from the UK Activity Report.
One-month trial now available for £20!












Copyright UK Business Park 1995-2009