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Credit union in ‘groundbreaking’ Vivup deal to offer members more benefits

Tie up goes beyond employee benefits in a 'first of its kind' agreement

by Benefits Expert
25/03/2024
Simon Moyle, CEO Vivup
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UK savings firm Plane Saver Credit Union has partnered with benefits provider Vivup to offer lifestyle, health and wellbeing benefits to its 26,000 members and 36 members of staff.

In a tie up the partners have called a “first of its kind”, these additional benefits will be offered alongside existing savings accounts, affordable loans and financial tips. 

The credit union said it wanted to help alleviate the burden of the cost of living for employees and members. Under the deal they will have access to more than 1,150 ways to save money. These include discounted gift cards and discount codes for everyday essentials such as grocery shopping as well as leisure activities like going to the cinema.

Vivup will also provide Your Care Wellbeing, which offers 24/7 in the moment support and information as well as access to an online GP. Expert advice is also available for issues ranging from debt advice, menopause, smoking cessation and domestic abuse to support with trauma, bullying or sleep. 

Rachel Downing, head of marketing and business development at Plane Saver Credit Union, said: “Everyone in the UK is dealing with the rise in living costs. Being able to provide our members with benefits that save them an average of over £2,000 per year is over £160 a month back in their pocket that’s going to make a huge difference for them and their families. On top of this, with Vivup, we are supporting our members and employees with a full range of health and wellbeing benefits which is core to our values of decency, dignity and inclusivity.”

Simon Moyle, CEO of Vivup, adds: “This is such a groundbreaking initiative. Plane Saver is a financial institution that helps its members to think, plan and save. They’re now supporting their employees and thousands of members with their overall health and wellbeing. Normally, Vivup is in the business of helping engage employees, yet with this launch, we’re helping one of the largest credit unions in the UK to support the health and wellbeing of members and employees.”

 

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The US retreat from diversity, equality and inclusion (DEI) is making waves far beyond the country's borders. In the wake of President Trump’s executive order abolishing DEI across federal government departments, global firms like Goldman Sachs and Accenture have rapidly dialled down their own efforts. 

The influence is being felt in the UK too. However, the UK operates under a different legal framework. It has stronger workplace protections and a government actively looking to enhance employee rights through its Make Work Pay agenda. But as US firms reposition their approach to DEI, UK subsidiaries could find themselves caught between conflicting priorities.

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