Client feedback

“In any major corporate transaction, time is of the essence. PSGS's pragmatic commercial approach helped us manage the pensions aspects of our group re-structure to ensure a positive outcome for all parties. ”
David Wilman,
CFO at Survitec Group
“The trustee training course lecturers' explanations and willingness to answer questions were most valuable - even silly ones - although I have learnt there are no 'silly questions' that trustees should ask.”
Anonymous
“Clare Owen has been a really excellent scheme secretary”
“They have helped us save much more and created a cohesive plan to de-risk whilst building an integrated pension team.”
Sally-Anne Borrill,
T-Systems
“​They are very proactive and full of new ideas, they've brought better scheduling and better minute sets.”
Paul Rudd,
Express Newspapers
“In my experience, not all professional trustees are able to cope with tricky or potentially confrontational situations. I find PSGS has massive experience in getting involved, earning the respect of others and resolving such issues. They get stuck in – they are a first rate team.”
Katherine Dandy,
Partner at Sackers & Partners
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 - 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
Email James
Or call us on:

0845 313 0024

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Is this as good as it gets?

Group life master trust

An overview of PSGS's trustee service for life-only trusts

Excepted life master trust

Learn about how a PSGS master trust could help you

Trustee discretions - payment of death benefits

Read our trustee discretions briefing note

Call: 0845 313 0024

online enquiry