“A major problem with the pension fund needed skilled, constructive help - which was given!”
“Their pragmatic approach helps with quick and easy decision making. Another approach might have made things more difficult.”
“Excellent, very strong relationship. Good understanding of our needs. We can absolutely rely on PSGS. ”
“Great communication and practical help.”
“Alex is the first professional trustee we have had and has revolutionised the way they look at things - helped above and beyond.”
“PSGS have provided sound and professional advice through a number of difficult pension decisions – would thoroughly recommend.”
Wednesday, 26 May 2021
In this article for REBA, Ken Potter explains how employers may want to review the way that benefits, such as death in service lump sum cover is provided, particularly for higher earners and what to take into account when considering an excepted group life scheme.
Here’s an example of how the lifetime allowance can easily be exceeded by a higher earner:
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