DTE Corporate Finance Provides Advisory Services to...
We are pleased to share that our Corporate Finance team have provided buy side advisory services to the Canadian Private…Read More
You don’t need to set up a group death in service scheme to leave a lump sum if a loved one dies. An alternative is to set up a relevant life plan. A relevant life plan is a ‘death-in service’ plan set up and paid for by an employer. These plans are covered by the same legislation that deals with group life insurance schemes. But unlike most schemes provided by large employers, they don’t fall under pension legislation because they’re non-registered
There are lots of good reasons to choose a relevant life plan. But it all boils down to tax-efficient life cover for directors and employees, and what business doesn’t want that?
Here are the reasons to choose a relevant life plan:
Sometimes this may result in the following charges:
For more information contact Simon Gallagher Senior Manager – DTE Financial Planning –
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