Product news – Inexpensive flex aimed at SMEs

A ‘plug-and-play’ flexible benefits package has been launched for small- and medium-sized organisations.

Corporate independent financial adviser Caversham Buchanan and system provider 4th Contact have introduced Clear Flex, an off-the-shelf flex package aimed at those which would have been put off such schemes due to high start-up costs.

Patrick Harrison, managing director of Caversham Buchanan, said that bespoke packages can cost around £50,000, whereas employers with 200 people could implement Clear Flex for around £10,000.

The package includes core benefits, such as a defined contribution pension and medical cover, in addition to six discretionary benefits such as childcare vouchers.

For more details about the package contact Sean McSweeney at Caversham Buchanan on 020 7031 8251