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Royal London struggling???
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Shelle
Posts: 361 Forumite
Has anyone heard if Royal London are having problems?
They were due to pay out on a matured fund 2 weeks before christmas but delayed payment until this week in January. It has been delayed again, and they now promise to wire the funds.
I am starting to wonder if this is an indication of them sruggling to release the funds??? Or just admin errors?
They were due to pay out on a matured fund 2 weeks before christmas but delayed payment until this week in January. It has been delayed again, and they now promise to wire the funds.
I am starting to wonder if this is an indication of them sruggling to release the funds??? Or just admin errors?
0
Comments
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No indication of them struggling. A lot of Royal London business is legacy and industrial branch rather than current or ordinary branch. The admin on these legacy plans is often awful. A lot of it is still manual or relies on data that is manually input from handwritten recordsI am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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