The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
100 jobs Number of planned job creations
Announcement Date
3 January 2018
Employment effect (start)
Foreseen end date
Description
Financial services company Aon, has announced that it will open a new office in Cardiff with the creation of more than 100 jobs, with one source suggesting the figure might be as high as 185. The site will serve as the base for the company's Affinity brand. The decision to base the new office in Cardiff points to the success of the Welsh Financial Services Graduate Programme which has helped retain trained individuals within Wales and has resulted in a number of financial firms increasing their presence in the Principality. There is no information as yet as to when the new jobs will be filled.
Sources
3 January 2018: Wales Online
3 January 2018: BBC Website
8 January 2018: BQ Live
Citation
Eurofound (2018), Aon, Business expansion in United Kingdom, factsheet number 93075, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93075.
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