Small self-administered schemes

How we can help

We support SSAS trustees by offering expert advice tailored to their specific needs. This ensures the scheme is run efficiently and within legislative requirements.

Scheme documentation

Updates to the scheme's trust deed when legislation changes

Regulatory reporting requirements

Advance notice when action is required and ability to submit such reports on the trustees' behalf

Investments

Advice on which investments are allowed, including borrowing

Benefit calculations

Amount payable on retirement or death

Risk benefits

Assist directors and trustees with insuring group employee benefits

We have been providing advice to SSAS trustees and their sponsoring companies for the last 30 years.

Why a SSAS

SSAS are normally established by small / medium sized companies to provide pension benefits for directors and senior employees.

SSAS typically have greater investment flexibility than many other pension plans. SSAS can also be utilised in other ways to the company, eg loans to the business. In addition HMRC afford them a number of tax advantages meaning that normally:

• Contributions paid by a sponsoring company are deductible for tax purposes
• Scheme members will receive income tax relief on their own contributions
• Scheme investments are exempt from capital gains and income tax
• Certain lump sum benefits can be paid to members (or their beneficiaries) tax free