The relevant life trust

We've designed the relevant life trust specifically for use with a Royal London relevant life plan.

The business applies for the plan, which must be written under trust from the start with the beneficiaries being the employee covered and their family. This ensures that the benefit is paid to an individual as required by the legislation governing relevant life plans.

The employee is a beneficiary so that if they leave the business, the plan can be assigned to them as a personal plan.

This trust is only available as discretionary trust.

Important note:
Please note this is a guide and shouldn’t be relied on as actual advice.

Our signature free process

We know processing a trust application can be a struggle - especially when you need so many signatures.

Our signature free business protection and relevant life plan trust process allows you to complete the application for your client without having to wait for signatures from nominated trustees or your client - making the process simple.

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.