F&C has announced that as a result of a cost-cutting programme head of corporate affairs Jason Hollands will be leaving the group over the new few months.
The remaining members of the F&C group communications team have also been informed that their positions are at risk and a consultation with employees is now taking place.
F&C group head of marketing Tracey Fennell has assumed responsibility for press communications with immediate effect along with F&C’s PR agency FTI Consulting.
Chief financial officer David Logan will be taking responsibility for investor relations.
An F&C spokeswoman says: “We thank him for his significant contribution to the group over nine years and wish him success in his future endeavours.”