RSA denies broker commission cuts

piles-of-pounds

RSA has denied reports that it is set to cut broker commission levels in a bid to save £150m.

The insurer said that reports in the trade and national press were not correct and confirmed to Insurance Age that there were "no plans to change commission levels".

The reports claimed that RSA is seeking to save £150m globally by lowering commission rates, making redundancies and investment in more efficient technologies.

A spokesman said that the figure of £150m worth of savings was arrived at by an

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