Flexible benefits

Get more out of life with Flexible Benefits

You will be eligible to join our flexible benefit programme.

It’s worth a percentage of your annual salary (4% in 2006) awarded to you either to buy additional benefits or take in cash. It is paid in 12 monthly instalments along with your basic salary.

Benefits to suit everyone

We’ve used the massive buying power of the Lloyds Banking Group to secure some great deals for you. Lots of the benefits available have income tax and/or National Insurance breaks which reduce the amount of income tax and National Insurance you have to pay. So make sure you don’t miss out.

Living life to the full

You can save money on a wide range of goods and services, as well as increasing your holiday entitlement or taking a cash lump sum

Protecting your future

You can use your flexible benefits to buy private medical or dental care.

Keeping fit and healthy

You can also get preferential rates on protecting yourself and your family with pension, life or critical illness cover. You can now get tax relief on some Life Cover products.

Living life to the full

Money-saving offers to help you get more out of life.

Bicycles - select a new bike from the Halfords range and get fit by cycling to work
Holidays - buy or sell up to five days holiday to increase or decrease your annual holiday entitlement
Matched learning fund - learn how to play golf, drive a car or speak Spanish and share the cost. We will match 50p to every £1 you save in your fund and you can use it for any type of tuition you want
Retail vouchers - save up to 9 per cent on your shopping bills from a wide selection of stores
Childcare vouchers - save up to £1,066 on the cost of your childcare. The vouchers can be used at a wide range of registered childcarers
Cash lump sum - opt to receive some or all of your 4 per cent flex cash as a lump sum just before Christmas

Keeping fit and healthy

Ways to help you and your family look after your health at preferential rates.

Private medical benefits - private medical care for you and your family
Health screening - have your or your partner’s overall health and fitness checked out
Dental plan - cash refunds for dental treatment

Protecting your future

Preferential rates on these essential ways of protecting you and your family’s future.

Pension extra - top up your pension fund
Personal accident insurance - receive a cash sum if you or your family is seriously injured
Critical illness cover - receive a cash sum if you or your partner is diagnosed with a critical illness
Life assurance - receive a cash sum if you or your partner dies or is diagnosed with a terminal illness (Can now qualify for tax relief)

Shareplan and sharesave