Bertschi UK automatically enrols its employees into a health cash plan. Nick Martindale looks at how it put the scheme in place.
Logistics firm Bertschi UK automatically enrols its 130 employees on to the Mosaic cash plan provided by Westfield Health.
One of the main benefits, says administration manager Michael Oxendale, is the ability to use the plan to help staff access private medical treatment if required.
"They have a list of 68 most common operations and if one of our employees needs one of those they can either go private for the operation or go with the NHS and get a cash sum instead," he says.
As well as the dental and optical benefits, staff also receive a payout if they have a baby, which Oxendale says is always valued by employees.
"They get £100, so if someone puts in for paternity leave I will give them a form and get things going," he says.
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.