The Rowanmoor Defined Benefit SSAS is an alternative way for business owners to fund their retirement. lt facilitates higher contributions, which can be used to catch up on lost years of pension funding.
Like a traditional defined benefit scheme, members can fund for a specific pension level at retirement: – without the commitment to fund for future years of service.
The Defined Benefit SSAS allows for a maximum of 11 directors or key employees and can be used to purchase a wide range of investments, inducing commercial property. A popular strategy is the purchase and lease back of a business’s premises, taking advantage of scheme borrowing at up to 50% of the net fund value.