Client feedback


The team provide an excellent service with practical and commercial input that we have not found with anyone else.
Mark Culwick,
Binding Site
Ever increasing regulation has placed a heavy burden on trustees both in terms of time and the risk of non-compliance. PSGS has the experience and the resources to help trustees manage these burdens.
Mark Atkinson,
Partner at CMS Cameron McKenna
I find Colin proactive rather than reactive. He is also supportive.
Always willing to get involved and move things forward.
Steve Sampson ,
LGC
As a pensions novice, I felt that the trustee training course gave me a good grounding.
Will Court
It’s a pleasure working with key members of the PSGS team: their experience and leadership means that they know how to get the job done, working in partnership with fellow trustees, employers and advisers to achieve the best result for members.
Mark Smith,
Partner at Taylor Wessing
image for Excepted life mastertrust | Death in service benefits | Master trust

Excepted life assurance schemes

Excepted life schemes are a good way to provide death in service benefits for employees affected by the pension lifetime allowance. They need to be handled correctly though, so you don't face tax charges and Financial Ombudsman complaints.


The benefits of using the PSGS excepted life assurance master trust are clear:

  • save tax for an employee’s beneficiaries
  • ensure compliance and avoid periodic tax charges and exit tax charges
  • manage the risk of making improper decisions
  • remove the need to re-establish your excepted life assurance trust every time you change insurer

Watch 'Saving tax for Bella beneficiaries' on Vimeo

As well the tax saving for an employee’s beneficiaries, the PSGS Excepted Life Master Trust also helps employers manage the risk of making improper decisions - in the same way as our Group Life Master Trust - and ensure compliance to avoid being faced with periodic tax or exit tax charges.

To learn more about how the PSGS excepted life mastertrust could help you with providing death benefits to some of your most valuable employees, please contact us or download our service flyer: PSGS excepted life master trust

Speak direct to our specialist in this area

Picture of James Double independent trustee at PSIT

James Double

Head of Trusteeship

Or call us on:

0118 207 2900

Read more

Service flyer

Excepted life assurance master trust

PSGS tools

A trustee’s pocket guide to pensions administration

Case study

Sole trusteeship & a successful small scheme buy in

PSGS blog

Spiders from Mars? Is high inflation taking us back to the 1970s?

Case study

How a leading commercial bank benefits from using a healthcare trust

Free self assessment tool

How effective is your pension trustee board?


Call: 0118 207 2900

online enquiry