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Royal & SunAlliance announces range of cuts in with-profits products

Royal & Sun Alliance has announced a cut in its bonus rates across its range of products in 1999.


Bonus rates on unitised with-profits pensions have been cut to 6.5 per cent from 8 per cent.


The annual bonus on conventional with-profits life products falls to 1.75 per cent from 2.75 per cent and on the sum assured to 4.25 per cent from 5.75 per cent.


The with-profits bond annual rate falls to 5.5 per cent from 6.5 per cent.

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