Mitsubishi UFJ Securities International, has consolidated its benefits package into an online flexible benefits scheme to keep its offering in line with competitors.

Its MUSI Flex scheme, which was launched in April and is administered by Orbit Benefits, includes options such as life cover, critical illness and childcare vouchers, all of which were previously offered by the financial services company.

The only new addition to the package would have been a home computing scheme (HCI), however, this was axed after it was unable to be processed in time for the government's 6 April deadline.