Aviva has also announced plans to split its UK life and general insurance businesses to “enable stronger accountability and greater management focus”.
It comes as part of a revamp of the group by new chief executive Maurice Tulloch, who took on the top job in March.
He said: “Reducing Aviva’s costs is essential to remain competitive and this means tough decisions and job losses which I do not take lightly.
“We will do all we can to minimise redundancies and support our people through this.
He added: “I am also determined to crack Aviva’s complexity, an issue which has held back our performance for too long.”
This is a breaking news story and is constantly being updated.
Please refresh the page regularly to get the latest updates.
Reporters working on dailystar.co.uk will be working to source the latest information, reaction, pictures and video related to this story.
You can also follow us on Twitter @Daily_Star to get the latest news updates 24 hours a day.
Or download the Daily Star app for flash alerts on the biggest stories of the day.
Source: Read Full Article