Register
Login:
Share:
Email Facebook Twitter




Add Royal Sun Alliance to quick picks

Royal Sun Alliance Share Price (RSA)



Share Price Information for Royal Sun Alliance (RSA)


Share Price: 423.20Bid: 423.00Ask: 423.20Change: 0.00 (0.00%)No Movement on Rsa Ins.
Spread: 0.20Spread as %: 0.05%Open: 424.20High: 425.90Low: 421.90Yesterday’s Close: 423.20

Rsa Insurance Group Plc Ord Gbp1.00

Royal Sun Alliance is listed in the FTSE 100, FTSE All-Share, FTSE 350, FTSE 350 Low Yield
Royal Sun Alliance is part of the Nonlife Insurance sector






Share Price SpacerPrice
423.20

Share Price SpacerBid
423.00

Share Price SpacerAsk
423.20

Share Price SpacerChange
0%0.00

Share Price SpacerVolume
3,883,824

Share Price SpacerOpen
424.20

Share Price SpacerHigh
425.90

Share Price SpacerLow
421.90

Share Price SpacerClose
423.20

Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 1,015.69m £4,298.40m 5,000

52 Week High 500.50 52 Week High Date 24-JUN-2014
52 Week Low 95.95 52 Week Low Date 9-MAY-2014

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
3,634 1,590,735 2,286,784 -29.389 -14.40 0.00 0.00


London South East Users info for Royal Sun Alliance




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

27-Mar-15
17:07:58
423.20
20,264
Buy* 
423.00
423.20
85.76k
Trade Type:
Ordinary
Deletion

24-Mar-15
16:30:00
439.10
49,328
Buy* 
423.00
423.20
216.60k
Trade Type:
Ordinary

27-Mar-15
16:35:22
423.20
804,166
Buy* 
423.00
423.20
3.403M
UT 
Trade Type:
Uncrossing Trade


*Buys and Sells are calculated on the difference between the trade price and the current mid price. As such, they can occasionally be incorrect.

View more Royal Sun Alliance trades >>

Directors Deals for Royal Sun Alliance (RSA)
Trade DateActionNotifierPriceCurrencyAmountHolding
08-Sep-14Buy
Trade Notifier Information for RSA Insurance Group
Stephen Hester held the position of Group Chief Executive at RSA Insurance Group at the time of this trade.
 Stephen Hester
466.4GBX21,50021500
12-May-14Notification of Holding
Trade Notifier Information for RSA Insurance Group
Alastair Barbour held the position of Non-Executive Director at RSA Insurance Group at the time of this trade.
 Alastair Barbour
000
12-May-14Notification of Holding
Trade Notifier Information for RSA Insurance Group
Kath Cates held the position of Non-Executive Director at RSA Insurance Group at the time of this trade.
 Kath Cates
000
View more Royal Sun Alliance directors dealings >>

Date/Time
Author
Subject
Share Price
Opinion
Today 07:01
CynyC
RE: Smell
423.20
No Opinion

alb1on, I take on board everything you have responded with and agree to a point. However I am almost certain that a large number of employees that have been paying into a final salary scheme for more than 20 years, have now been switched over into defined benefits/pension pot schemes on an accrual basis. They used to quote their fantastic final salary pension scheme in almost every recruitment advert they put out. It should be treated the same as other pension changes as you have indicated. They should agree to split the pension payment, on retirement according to how many years you paid in under final salary and how many under newer scheme. E.G. worked 44 years and for first 33 years paid into final salary scheme, then 3 quarters of pension should be based on your actual final salary and the rest according to the new sheme arrangements. Seems Dick Turpin rides again!
Fri 15:03
alb1on
RE: Smell
424.00
No Opinion

Cynyc; You may be right about past contribution holidays, I do not know. But you are wrong about dilution of benefits for contributions made. When pension schemes are changed (such as from defined benefit to money purchase) the benefits from past membership, up to the point of change, are preserved. Only future contributions and benefits are changed. And, like the company, employees have the choice of moving on if they dislike the change. This has been the case in terms of pension rules since the year dot. In terms of the deficit, the pension scheme (if in deficit and unable to make contracted payments) would have first claim on company assets to make up the deficit. This is precisely why breaking up the company has been avoided by Hester. He prefers to address the deficit over time rather than realise value and give it to the pension fund. I suspect that, even if we disagree on pension issues, we can agree that RSA is a basket case in terms of its management - probably for at least 20 years. Asking Hester to do any more than stabilise it was always an impossibility. I suspect the end game will be to address the pension issue over 5 years and then sell the rump to the highest bidder.
Fri 03:11
CynyC
RE: Smell
424.40
No Opinion

THAT'S how you get to be a Times Top 100 Employer! Goodness knows what a Bottom 100 Employer must be like!
Fri 03:08
CynyC
RE: Smell
424.40
No Opinion

Regarding the huge pension deficit...... As with many other companies carrying huge deficits, it would not surprise me at all if RSA, or its constituent companies before merger, had benefitted for extended pension contribution holidays, whereby they made no contributions at all, as they felt there was already plenty in the pot to cover all future pensioner commitments. That should never have been allowed as it was a direct raid on the surplus generated by successful investments that would become the future pensions of its existing employees. As a result of the current deficit, RSA have diluted the previously agreed pension terms that employees signed up for and paid into. So you sign up for a great pension and agree the payments and just when you are about to retire, the rules are changed and you end up with bu**er all, while the execs fill their pockets and pension pots with obscene amounts in comparison to what the average Joe will get
Fri 02:51
CynyC
RE: CEO Bonus
424.40
No Opinion

LOL! I just looked up the umbrella type agencies they use and one is called................... PARASOL!
Fri 02:47
CynyC
RE: CEO Bonus
424.40
No Opinion

It is also noteworthy that RSA have watered down their employee ShareBuild scheme massively reducing the incentive for staff to invest in their own company. RSA will now only match monthly ShareBuild purchases on a basis of 1:5 as opposed to the usual 1:1 offered by the majority of FTSE companies that operate the scheme. It is a real kick in the teeth for loyal employees who would have to hold onto the matching shares for 5 years to get the full benefit. I expect the top executives will still keep their additional bonus benefits intact rather than have them reduced by such plundering. They are also employing more and more people on these punitive temporary contracts at arms length via agencies, that act as the pseudo employer, treating the eager workforce like dirt with so many unfair working practices it is unbelievable. "I have to be at my desk with my computer up and running, having read all my emails and work messages, ready to take a call at my exact starting time. I do not get paid for the preparation, and must take calls right up to the very second my session finishes, even though calls can take a minimum of 2-3minutes and can last for up to 30 minutes. So ifI get a call 10seconds before my signing off time, I have to take it and finish it. I only get paid if it runs more than 8 minutes into my own time and I must contact my leader, before signing off to request the overtimact up to e to be logged, which is very difficult and time consuming to do in itself. So I end up getting away 20 minutes late with little chance of being paid" Companies can extract up to an extra 10% unpaid work from employees via such sharp practices and do it without any qualms as "they" are not the employer, that role is undertaken by an "umbrella" company. There is no doubt, however, who lays down the rules of how the employees will be treated, but who hide behind this "umbrella" arrangement in order that they can maintain their reputation as a "Times Top 100, employer as rated by its (permanent) employees" The way they operate is truly despicable!

Share prices shown are taken at time of message posting.
Thread ViewThread View
View more share chat for Royal Sun Alliance (RSA) >>
Please Login or Register to post messages



Rsa Insurance Group Plc Ord Gbp1.00 home pageWebsite: Rsa Insurance Group Plc Ord Gbp1.00
Website Description: Royal SunAlliance in the UK



Sign up for Live Prices


CD02WL.001.081313


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.