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FT Guide to Pensions and Wealth in Retirement, 2nd Edition by Mr. John Greenwood

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8

Small self-administered schemes (SSASs)

What topics are covered in this chapter?

An SSAS, which stands for small self-administered scheme, is a type of occupational pension scheme that has unique features offering small businesses attractive and efficient ways to grow wealth and own property.

SSAS plans allow directors to use their existing pension assets to make loans to their business and buy shares in it. They also offer a convenient way of holding commercial property that allows joining and departing partners to transfer ownership of their share of the property ...

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