What is a SSAS?

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A SSAS is a discretionary trust established by a registered UK company for the provision of retirement and death benefits for the members, who can be the owner, directors or partners of the company, and possibly members of their family.

Upon your decision to open a SSAS we will begin gathering the necessary details and issue the required paperwork. A deed will then be prepared by us, for you and the stated employer to sign which will establish the trust.

Once the SSAS has been approved by HMRC (allowing it to gain the tax advantages it is entitled to) and we have opened a bank account for it, you can begin transffering any existing pensions you may have or pay contributions from the employer/ company associated with your newly founded SSAS.

Once this critical step is complete you will have the freedom to decide how and where your funds will be invested. Whilst we may offer counselling to you on how you may want to proceed with this step we will never force you into a decision, as after all this is your pension scheme not ours.

Three common uses of a SSAS are:

1. Commercial property purchase - either for your company/ employer to occupy or simply as an investment.
2. Loans - many use their pension funds to facilitate loans to third parties or their own company, this generates growth for both the SSAS and recipient of the loan.
3. Investments - with the freedom of personal choice that you may not experiance in other pension funds, you can invest in a large selection of products from cash deposits to global stocks and shares.