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  • SSAS

SSAS

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.

SSASs ARE REGULATED BY THE PENSIONS REGULATOR.
THE VALUE OF PENSIONS AND THE INCOME THEY PRODUCE CAN FALL AS WELL AS RISE. YOU MAY GET BACK LESS THAN YOU INVESTED.
TAX TREATMENT VARIES ACCORDING TO INDIVIDUAL CIRCUMSTANCES AND IS SUBJECT TO CHANGE.

Company address: Premier Portfolio Financial Services, Churchill House, 120 Bunns Lane, London, NW7 2AS
T: 020 8446 7444 F: 020 8446 5553 Email: enquiries@premierportfolio.co.uk

The levels and bases of taxation are subject to change.

The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. This site does not confer any form of personalised financial advice. Should you wish to receive specific financial advice please contact us.

Premier Portfolio Financial Services is a trading name of Fairstone Financial Management Ltd. Fairstone Financial Management Ltd is authorised and regulated by the Financial Conduct Authority – FRN 475973. Part of the Fairstone Group. Registered Address: 1 The Bulrushes, Woodstock Way, Boldon Business Park, Tyne and Wear NE35 9PF.

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