Relevant life plan

A relevant life plan is a death in service plan set up and paid for by an employer. They were created under the pension simplification legislation that came in to force on 6 April 2016. Here you will find information to help you support your clients with relevant life plans, including some useful frequently asked questions.

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A relevant life plan is a death-in-service plan set up and paid for by an employer. These plans are covered by the same legislation that deals with group schemes. But unlike most schemes provided by large employers, they don’t fall under pensions legislation because they’re ‘non-registered’.

Providing life cover for employees

There are lots of good reasons to choose a relevant life plan. But it all boils down to tax-efficient life cover for directors and employees. Here we explain the advantages in using a relevant life plan and explain how the qualification rules work.

Advantages of a relevant life plan

Relevant life plans were created under the 2006 pension simplification legislation. Commonly known as ‘A-Day’.  In this article we’ve detailed the legislation that governs relevant life plans.

Legislation for relevant life plans

In this article we look at some of the most comments questions and answers on relevant life plans.

Relevant life plans frequently asked questions

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Last updated: 15 May 2019

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.