The benefit payment does not count towards your annual or lifetime pension allowances.
Amount Of Cover
Maximum account of cover is £10 million.
Benefits usually free from inheritance tax.
Cover will be written into a trust free of charge.Trusts are not regulated by the FCA
COMPARING THE COST
A saving of £769.95, which is almost 50%
An employer who wishes to treat Relevant Life Plan premiums as an allowable business expense should speak to their accountant, who may wish to liase with the employer’s local inspector of taxes.This example is provided for illustration purposes.