14th March 2016 Church News.
RBS is to cut 550 jobs as it scales back face-to-face investment guidance and pushes new robo-advisory services. The move, revealed in the FT, will see around 220 investment advice positions lost, as well as another 200 protection advice posts. RBS will also only offer face-to-face advice to customers with at least £250,000 to invest, more than double the current £100,000 starting point.
