• Text size      
  • Send this article to a friend
  • Print this article

25 former Aegon staff face redundancy from Serco

Former Aegon staff in Edinburgh who transferred across to Serco as part of a 10-year outsourcing deal in 2012 are facing redundancy.

The £170 million deal saw Aegon transfer its 330 protection underwriting and claims staff to Serco, retaining 60 roles in proposition development, pricing, sales and actuarial processes. Around 300 of the affected jobs were in Aegon's office at Lytham St Annes, Lancashire, with the remainder in Edinburgh.

Now Serco has said it has placed all its 25 Edinburgh-based staff in consultation.

It said: "Serco can confirm that after reviewing operational requirements for underwriting and claims, we have taken the difficult decision to centralise our operations in Lytham St Annes, where we currently employ around 300 staff. Regrettably this will have an impact on 25 roles in our Edinburgh office." Aegon declined to comment.

Contextual targeting label: 

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.