SSAS

Small Self-Administered Scheme (SSAS)

The many advantages of a Small Self Administered Scheme (SSAS) to any small to medium sized business, especially a family Company include:

  • Flexible contributions including Income Tax relief (and Corporation Tax and National Insurance relief on Company Contributions)
  • Ability to receive Pension Transfers
  • Commercial Property purchase
  • Borrowing for property purchase
  • Residential Property Collective Investment Schemes
  • Purchase of unquoted shares
  • Flexible retirement options
  • Investment control
  • Open to more than one member
  • Loans to the company

Westerby The Pension Specialist provides a comprehensive Professional Trusteeship and also takes on the role of being the scheme administrator, whereas some other providers may not. Administrative services provided to operate a SSAS effectively and efficiently including:

  • Scheme documentation
  • Annual report and meeting
  • Operation of scheme bank account
  • Benefit calculation
  • Completion of the pensions scheme annual returns

Please note that to enjoy the full investment benefits of a SSAS, all the members must be trustees.

Do you have a Hartley Pension and looking for an alternative provider to Morgan Lloyd?
Do you have a Hartley Pension and looking for an alternative provider to Morgan Lloyd?