UK - Bob Mendelsohn, chief executive of Royal & Sun Alliance, has quit the troubled insurer with a £1m-plus pay-off.
Last month R&SA was fined a record £1.35m by the Financial Services Authority for a pensions mis-selling blunder. The firm also slashed around 1,200 jobs, and said it was considering a rights issue...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
