The Toronto-based Sun Life Financial has decided to exit the direct sales force distribution business in the UK and will close its doors to new business at the end of February.
As a result, Sun Life Financial intends to reduce its UK workforce from approximately 2,000 employees to approximately 300 employees by the end of 2003, with an interim target of 900 employees by t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here