SSAS Basics
Small Self Administered Scheme (SSAS)
A Small Self Administered Scheme (SSAS) is a company scheme where the members are usually all company directors or key staff.
A SSAS is set up by a trust deed and rules and allows members and employers greater flexibility and control over the schemes assets.
SSAS' may also borrow to invest and provide a members benefit which has become payable. The maximum amount that can be borrowed is 50% of the net scheme assets.
Montpelier Pension Administration Services pride themselves on offering service excellence for both their SIPP and SSAS products, and have dedicated highly qualified staff to deal with your technical issues.
A SSAS is set up by a trust deed and rules and allows members and employers greater flexibility and control over the schemes assets.
The allowable investments for a SSAS are broadly the same as those for a SIPP with the following exceptions:
- Loans can be made to the sponsoring employer
- Shareholdings in the sponsoring employer should not exceed 5%
Montpelier Pension Administration Services pride themselves on offering service excellence for both their SIPP and SSAS products, and have dedicated highly qualified staff to deal with your technical issues.
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