As an employee of LSEG you have access to a number of financial wellbeing benefits and products. These are listed below with a brief description. For more information on these please visit MyBenefits. If you are accessing MyBenefits at home or through your mobile or tablet go to http://mybenefits.lseg.com
Sharesave
The LSEG sharesave plan is a type of Save As Your Earn savings plan. The plan has a 3 year term that enables you to save up to £500 per month for 3 years directly from your net salary. At the end of the term you have the option to buy LSEG shares at a discounted price agreed at the start of the plan’s term. You are not obliged to buy any shares at the end of the 3 year term, meaning you can receive your savings back if it won’t be profitable to buy the LSEG shares at the agreed price.
An invitation to take part in LSEG sharesave is sent each year.
Life assurance
(self and partner)
Make sure your dependants have financial support should you pass away.
Life assurance ensures a cash lump sum will be paid to your beneficiaries in the event of your death. LSEG provides all employees with life assurance cover of 4x salary. You can now increase your cover in multiples of your salary, up to the value of 10x your salary or £1.8m, whichever is the lesser. You can also select life assurance cover for your partner. Their cover is now available in £25,000 increments up to a higher maximum value of £500,000, and the maximum age limit has been increased to 75. You can also complete your underwriting questions via MyBenefits, to secure your policy instantly. You cannot flex your core life assurance cover down, and there is no cash alternative available for this benefit.
Critical illness insurance
(self and partner)
Receive a tax-free cash lump sum if you or your partner are diagnosed with an eligible critical illness and survive for a given length of time.
This is designed to ease the financial burden and help you cope with any lifestyle changes required. You can select cover from £10,000, and then in units of £25,000, up to £500,000 or 5x salary, whichever is the lesser amount. Children are covered for free up to 25% of your benefit, to a maximum of £20,000. You can also select cover for your partner up to £250,000, however their cover cannot exceed your own.
Income protection
Access a regular income if you are off work for a pro-longed period.
Income protection provides you with 66.6% of your salary for five years if you’re unable to work due to long-term sickness or injury lasting more than 26 weeks. LSEG fund this benefit as part of your core entitlement. Entitlement is subject to the conditions of the scheme. You cannot flex your core income protection cover up or down, and there is no cash alternative available for this benefit.
Will writing
Choose who will benefit from your estate and how much they are entitled to.
A single will is available from £67.56 and a mirror will starts from £135. You can apply for a will in three ways: online, over the telephone, or a secure video call with a specialist will writer. If you think the face-to-face appointment would better suit your needs, please note that this benefit is available to select anytime throughout the year.
Dental insurance
(self and family)
Claim back the cost of dental treatment received at either an NHS or private dentist.
Dental insurance provides you with reimbursement for treatments including, but not limited to, check-ups, hygienist appointments, restorative treatments and x-rays. There are six levels of cover to choose from. You can also extend cover to your partner and/or children. Added enhancements to the scheme include fewer policy exclusions, cover for all sports injuries with no mouth guard stipulation, an accident and injury treatment pot with no limit on the number of claims you can make and more.
Health screening
(self and partner)
Detect the early signs of illness and disease with a check-up on your physical wellbeing.
A health screening provides you with a thorough medical check-up, lifestyle advice and the chance to discuss any health concerns with a doctor. This benefit is provided by Nuffield Health and there are a range of options to choose from, depending on your age and gender. You can also select a health screening for your partner with mammography options on both.
Private medical insurance
Get access to private healthcare when you need it.
LSEG provide you with company-funded medical care to ensure that you are looked after. The financial support can be used in private hospitals or private facilities within the NHS. You can choose to extend cover to your partner and/or family. You can opt out of this core benefit for your own private medical insurance cover if you wish. If you choose to opt out of this core benefit, you will not be subject to tax on the value of the benefit, however please note that there is no cash alternative available.
Personal accident insurance
(self and partner)
Ensure financial security in the event that you or a family member are injured or disabled accidentally.
Personal accident insurance provides a lump sum payment in the event that those insured are injured or disabled as a result of an accident. You can select between £50,000 and £500,000 in £50,000 increments, and you can extend cover to your partner and/or children. Children insured must be under 18, or under 25 if in full-time education.
Mortgage Advice
Whether you are a first-time buyer, looking to re-mortgage, or finance an investment property, this service can help you. You can access a dedicated adviser and administrator with as many meetings as you require, and full application support. There are no broker fees to pay, and you’ll also have access to a 24/7 knowledge hub with useful articles, blogs, videos and links.
Financial Planning Surgeries
Sessions last 45 minutes and will give you the opportunity to discuss your personal circumstances. A knowledge hub, pre-recorded webinars and a range of calculators are also available to help plan and understand your financial life.
Personal Travel Insurance
LSEG offers a personal travel insurance policy which covers any trip which includes an overnight stay or flight. You can choose worldwide travel insurance with or without winter sports. You can also extend cover to your partner and children.