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HSBC cuts advisory jobs, financial planners react

Original: hsbc

HSBC has announced a large round of job cuts among its financial advisers, prompting concern across the UK advisory community. Independent financial advisers told Citywire the scale of the reductions suggests 'maybe no jobs are safe', raising questions about the future of advice services within major banks and what it means for clients and staff.

Why now: HSBC's significant adviser redundancies are prompting worry in the UK wealth sector about job security and bank-based advice.

HSBCCitywire

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