SSAS Advisers
Are you a director or key employee looking for a flexible company pension scheme? Serving clients in Beverley, Hull, and the surrounding areas, we specialise in Small Self Administered Schemes (SSAS). Unlike traditional company pensions, SSAS offers you greater control over your investment policies and underlying assets. Whether you're a small business owner or part of a larger organisation, our expert advice will guide you through the complexities of setting up and managing a SSAS, ensuring it aligns with your financial goals.
What is an SSAS?
SSAS — also known as a Small Self Administered Scheme (SSAS) — is a company pension scheme, the members of which are usually directors and key employees of the sponsoring employer.
Whilst subject to the same rules relating to contributions and benefits as a normal company pension scheme, SSAS schemes have considerably more flexibility and control over the investment policies and the scheme’s underlying assets. Contributions by individual members qualify for tax relief. Whereas contributions made by the employer might be deductible against profits, subject to certain conditions.
Other considerations are that only one scheme is permitted per employer, normally the scheme should have less than 12 members and there can be limits on the amount of investment.
If you would like further details, please contact us.
Interested in setting up a Small Self Administered Scheme for your company? We provide specialised SSAS advice, serving clients in Beverley, Hull, and the surrounding areas. Reach out to us today for a comprehensive consultation.
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