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 2006.

Here you will find information to help you support your clients with relevant life plans, including some useful frequently asked questions.
 
Relevant life 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’.

Relevant life plans explained

Understand how relevant life plans work, who’s eligible, tax treatment and when to use them.

Calculator

This calculator show the difference in the gross cost of providing life cover through a relevant life policy taken out by an employer compared to a policy taken out by the individual.

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