RSA Borrowed To Meet Payouts

Published / Last Updated on 13/02/2003

Troubled insurance giant, Royal and Sun Alliance (RSA), has confirmed loans from the parent general insurance company were given to its subsidiary life assurance and investment company to meet with profits payouts.

The company recently slashed bonuses on all with profits payouts by 22%.

Search the archive for other 'with profits' stories.

Need low cost help or guidance?  Try our Ask An Adviser service.

Explore our Site

About
Advice
Money MOT
T and C