30/07/2014

60 Jobs To Go At Cardiff Insurance Company

A Cardiff-based insurance and investment firm has announced that it will cut 60 jobs.

Legal & General have said that the jobs are likely to be cut from its annuities department in Cardiff, and that the decision follows pension reforms announced in Chancellor George Osborne's Budget.

A formal consultation between staff and management is understood to be underway with unions being consulted over the planned cuts.

(MH/CD)

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