Video: how excepted life trusts can save tax for high earners’ beneficiaries


Many employers use an excepted life assurance scheme to provide death in service benefits for high earning employees affected by the pension lifetime allowance. Watch this case study video to see the difference it made for the beneficiaries of a senior employee who died in active employment before drawing any of their pension benefits.

Excepted life schemes do come with compliance and governance issues that can lead to tax charges and Financial Ombudsman complaints if not handled correctly. Using an excepted life master trust can take all these hassles away to make providing death benefits simple and even more valuable for some employees.

This article is provided by Punter Southall Governance Services.


Associated Supplier




Read the next article

Sponsored By

Topic Categories


Related Articles

Key considerations when reviewing your Group Life Assurance policy



Sponsored Articles



Editor's Picks

What is responsible reward?


Join our community

 

Sign up for REBA Professional Membership and join our community

Professional Membership benefits include receiving the REBA regular email alert, gaining access to free research and free opportunities to attend specialist conferences.

Professional Membership is currently complimentary for qualifying reward and benefits practitioners. 

Join REBA today