CFS ends door-to-door sales
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Co-operative financial Services is to cut 670 jobs as it shuts down its door-to-door sales team.
The field-based financial advice team is made up of 497 sales staff with the remainder in office-based managerial and support roles.
The job losses are part of the company's review of its life and savings business, which was set up to consider the impact of new rules on financial advice in the UK. CFS, part of the Co-operative Group, said the Retail Distributive Review, which will come into force in 2013, will raise regulatory costs.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments