Royal & SunAlliance Pension

do not invest with RSA ( now pheonix )

these are the worst performers on the market by far , and very unhelpful to deal with

if you put your money in a hole in your back garden you would get about the same return than with a with profits bond in this company , but at least you could get at your money when you wanted if it was in your garden

avoid at all costs................

I am currently in correspondence with Royal & SunAlliance (going to FSA/onbudsman imminently)Re illustration supplied in 1987. Figures proved to be worthless in assessing product. R&SA uses poor stock market performance 2000-2001 as excuse for reducing bonus rates, totally ignoring the remarkable performance of the markets in the preceeding 15 years!

R&SA have, so far, denied any responsibility.