Pros
Been with RSA for 33 years. Stayed because of flexible working because I have children but could have been paid better elsewhere. Defined Benefits pension and 4 weeks redundancy terms and flexible working were my reason for staying
Cons
Announcements this week that Defined Benefit pension to be closed in October 2016 and redundancy terms to be halved and otherwise modified so that it can't be added to pension pot .... When our pensions were previously modified to a contribution basis, I chose to pay in 7% in return for 1/80ths .... Had been final salary and then 1/60ths for 2%, and now it is unlikely that I'll ever get what I've paid in back......and that in my book is theft. Hester wants to save £2M in making these changes when he would be losing so much wealth in underwriting and claims handling experience that it's soooo shortsighted. He could always forego some of his fat cat salary and prop up our hard earned pensions single handedly. Trust is most definitely gone and there is no longer a reason to stay