Please use the Quicklinks menu below in order to navigate through the site.

Quicklinks

Flexible benefits

Get more out of life with Flexible Benefits

chart - 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 TSB 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.


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


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


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)

0

As part of the Lloyds TSB Group, Scottish Widows is proud to be an Official Provider of the London 2012 Olympic and Paralympic Games