UK - AstraZeneca has given its employees the option of acquiring mobile phones or handheld %s through its flexible benefits scheme.
Reward partner Ann Rae described the take-up for handheld %s, which have been added to its home computing offering, as “very positive”, while take-up of mobile phones – offered through Vodafone – had been “reasonable”.
Earlier this month British American Tobacco introduced mobile phones for its staff but found take-up was relatively low because many staff were unable to end current mobile phone deals in time to sign up.
Rae added that elsewhere in the scheme retail vouchers and childcare vouchers had seen “a continued good take-up”.
The AstraZeneca scheme, which has been running for three years, offers its employees one of the biggest choices of any flex scheme.
It also gives access to holiday trading, bicycles, travel insurance, private healthcare, season tickets, partner health screening, dental care, additional voluntary contributions, life assurance, personal accident insurance, critical illness cover and charitable giving.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers