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Barnett Waddingham
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Lifetime Allowances and Life Cover through Excepted Group Life Policy

Published by Kevin O'Neill on

In September 2017 we discussed excepted group life assurance schemes and the Lifetime Allowance (LTA).

From 2019/2020 the LTA will be £1,055,000 and there has been a continued increase in the use of excepted group life policies (EGLPs) for employees who already have a high level of benefit in a registered pension scheme.

This briefing has been updated with an important change to eligible beneficiaries.

Lifetime Allowances and Life Cover through Excepted Group Life Policy
493.6 KB | PDF

About the authors

  • Kevin O'Neill

    Kevin leads our Workplace Health team to provide consultancy advice and support to existing and prospective clients across a wide range of employee benefits.

    View Biography

  • Nilesh Shah

    Nilesh has over 25 years' experience in the pensions industry and is one of our resident expert for dealing with Pension Taxation issues for individuals and their employers.

    View Biography

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