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06 September 2023

SPW announces organisational changes

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Schroders Personal Wealth announces organisational changes

Schroders Personal Wealth (SPW) has announced details of how it intends to reorganise its business to drive growth, and ensure it remains client first and has ambition as well as the right people and structure in place.

They say:

It’s vital that we are an agile and dynamic business, reacting quickly to market and consumer challenges and adapting to the changing needs and behaviours of our clients, so that we can continue to make advice more accessible to more people.”

As part of this restructure, it will be removing a number of roles as well as creating new ones, and is undertaking a consultation process which is likely to result in an overall 4% reduction.

Accord’s immediate priority is to support members impacted by the change.

Accord’s General Secretary Ged Nichols said:

“Our priority is to do all we can to avoid compulsory redundancies and we’ll stay closely in touch with our impacted members to deal with emerging issues. 

Accord’s team of experienced officers is on stand-by to support members through the change process from start to finish.” 

Contact details for the Accord team are available here.

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