Yorkshire and Clydesdale leave advice market

Laura Miller
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Yorkshire and Clydesdale have confirmed that they will be joining a host of other high street banks to exit the advice market.

In a statement the banks said 130 employees will be affected by the decision, part of a role reduction of 1,400 announced in April last year. The announcement relates to the financial advice service within the banks' business and private bank. The retail business, which offers an advice service to personal customers via AXA, is unaffected by these changes. Customers are being provided with 90 days' notice of the change and Yorkshire and Clydesdale will continue to provide financial advice service support until 14 June. "This decision has been taken after careful consideration and i...

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