This morning a spokesman for the firm said the redundancy target included 300 full-time positions with temporary contracts accounting for the remainder.
The cuts add to the 450 job losses of support staff that were announced in February.
The Unite trade union dubbed L&G’s plan as “disturbing” and said it would fight any attempt to impose compulsory redundancies, urging the company to explore alternatives.
L&G said it would try to redeploy staff affected to minimise job losses.
Shares in L&G remained up despite the news, gaining 1.3 per cent to 68.90p.