Paul Avis: Will 2018 prove to be the year for trusts?

Group life assurance (GLA) is an amazingly tax-efficient benefit. Lump sum benefits are paid to an employee's survivors or nominated beneficiaries tax-free and fall outside of the deceased person's estate. Premiums paid are tax-free for the employer. There is an exception, however, with salary sacrifice excepted policies treated as P11d/benefits in kind for employees following  OPRA changes implemented in April 2017. As such, is there now a worry - and an opportunity - emerging from the small print in the Budget that we should all be aware of And, as an industry, should we not now be act...