Axa Wealth staff face job cuts after Phoenix acquisition

People in Basingstoke and Bristol affected

Jenna Towler
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A small number of workers are in consultation about their jobs
Image:

A small number of workers are in consultation about their jobs

Workers at Axa Wealth's Basingstoke and Bristol bases are facing possible job losses following the firm's acquisition by Phoenix Group last year.

Phoenix bought Axa Wealth's pensions and protection businesses through its subsidiary Pearl Life for £375m in May 2016. A Phoenix Group spokeswoman said: "We are currently in consultation with a small...

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