M&GPrudential, the Prudential Group’s UK business, is to cut 84 posts in Scotland.
The firm said there is a proposed reduction of permanent roles in the Wealth Solutions arm of part of M&GPrudential, primarily from its Craigforth site in Stirling.
A spokesman said the reduction of 84 would take the Stirling workforce to just over 1,000, with about 300 currently in Edinburgh.
Scott White, of M&GPrudential, said in a statement: "It is fundamental that we have the right structure, responsibilities and accountabilities in place across our business.
"The financial services market place is continually evolving and the demands from our customers, quite rightly, are ever increasing.
"There will be many ongoing challenges, as well as significant opportunities, and we will always seek to structure our business and adopt modern ways of working to stay at the forefront of any future developments."
READ MORE: Prudential demerger
The company had previously outlined £250 million capital investment in digital capability over five years “to create a simple, modern, customer-centric savings and investments business".
It added that a commitment was made to Stirling and Edinburgh as two of its three UK locations - London being the third - in the future in June by M&GPrudential.
It said then that by 2025 the majority of the company’s UK workforce will be based in Scotland and split between Stirling and Edinburgh.
Following the phased move of Wealth Solutions colleagues over the next 18 months, announced in June, there will be over 700 based in Stirling with over 600 in Edinburgh.
READ MORE: Pensions giant to invest in centres in Edinburgh and Stirling
Mr White said: “This is to do with changing role requirements as we continue building our business for a successful future and embrace the digital age – not in any way indicative about commitment to location.
"Stirling is absolutely a key location for the company and we are fully committed to developing superior facilities for our colleagues who work there through a separate multi-million pound investment programme in the coming years."
The Prudential Group announced last week the intention for the demerger of M&GPrudential in the last quarter of 2019.
The new listed business, to be called M&G plc, will retain the separate brands of Prudential and M&G for existing and future customers.
Last week the Prudential Group announced half-year operating profits from continuing operations up 14 per cent at £2,024 million and that M&GPrudential assets under management had increased 6% to £341 billion.
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