Client feedback

“​Their pragmatic approach helps with quick and easy decision making. Another approach might have made things more difficult.”
Mark Assinder,
Bouygues
“PSGS offered the right support at very short notice, at reasonable cost, when we really needed it”
Ian Edwards,
Chair of Trustee, Comet Pension Scheme
“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
“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
“Ann and her team are very knowledgeable and proactive, liaise well with our other advisers and provide the Trustees with an invaluable secretarial service.”
Ian Edwards,
Chair of Trustees, Comet
“The Trustee Training course is very good. Excellent coverage of material presented in an easy-to-digest manner and quality of presentation by both presenters. ”
Jonathan Williams ,
Bangor University
image for Group life mastertrust | Death in service benefits | Group life trustee

Group life assurance schemes

Death in service benefit decisions can be complicated and personally difficult to make. Appointing PSGS as independent trustee and using our group life master trust relieves that burden and responsibility.


Many employers use a life cover only trust to provide death in service benefits to employees, particularly those who are not members of a trust-based pension scheme.

Case study

Exercising discretion over who should receive the benefit from a group life assurance trust can be fraught with pitfalls. Take a look at the case study in our group life mastertrust flyer to see how Pensions Ombudsman rulings on death complaint cases show this can be a minefield.

Are you sure your group life trust's claims and discretion processes are effective and efficient, with:

  • the correct steps being taken at the correct time?
  • the right questions being asked of the right people?
  • all relevant information collected swiftly and accurately?
  • sensitive liaison with the individuals’ relatives?
  • claims administration and communications handled promptly and professionally?
PSGS life assurance master trust

Our master trust solution helps employers navigate a safe and cost effective path through the death in service benefit claims and discretions process. The benefits of using PSGS's group life master trust include:

  • peace of mind that difficult death in service benefit decisions are being handled by an experienced, independent professional
  • certainty your claims management process follows best practice guidelines
  • confidence that rational and non-conflicted decisions are being made
  • assurance your HR team are not weighed down with time-consuming administrative tasks

If you would like to relieve the burden of managing death in service benefits claims please contact us to find out more about the PSGS group life mastertrust and excepted life assurance master trust.

PSGS group life master trust

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

Read more

Blog

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