We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Royal & Sun Alliance Sell off
Talos_2
Posts: 29 Forumite
Heelo All,
I'm hoping somebody with more knowledge than me can point me in the right direction.
Basically I have a with profits endowment policy 10 years old with 15 to go. It has a sum assured of 15k and with accumulated bonus' so far has reached 18k
With the news that RSA has sold off its investment arm and newspaper reports to 'get out quick', is this something i should be doing and why?
By the way this policy is no longer being used to cover a mortgae as i switched it this year to repayment, so is just a savings plan
Any help appreciated
I'm hoping somebody with more knowledge than me can point me in the right direction.
Basically I have a with profits endowment policy 10 years old with 15 to go. It has a sum assured of 15k and with accumulated bonus' so far has reached 18k
With the news that RSA has sold off its investment arm and newspaper reports to 'get out quick', is this something i should be doing and why?
By the way this policy is no longer being used to cover a mortgae as i switched it this year to repayment, so is just a savings plan
Any help appreciated
0
Comments
-
http://forum.moneysavingexpert.com/cgi-bin/yabb/YaBB.cgi?board=Savings;action=display;num=1090922440
http://forum.moneysavingexpert.com/cgi-bin/yabb/YaBB.cgi?board=Mortgages;action=display;num=1091039577
Two threads on R&SA which give comments on what you should investigate. Remember, you cannot sue a paper for bad financial advice, even though they frequently print bad financial advice.I 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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards