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.

Our signature free process

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

Our signature free 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.

Important note:

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