AXA has cut 2,000 jobs from its general insurance arm, sparking further speculation regarding the future of the life and pensions and the healthcare side.
While there are no clear indications at present, Paul Bennett, marketing manager at PPP lifetime care, agreed that there is a certain amount of insecurity.
However he explained that this was not necessarily negative. “Nobody knows how the future will pan out, and because AXA hasn’t announced what will happen there is uncertainty, but it doesn’t necessarily mean bad news,” said Bennett.
“There is as much reason to get excited about opportunity.”