A Small Self-Administered Scheme (SSAS) is a scheme with full investment flexibility and additional benefits for business owners. It is for 11 or fewer members and usually established by company directors, partners or the self-employed, for themselves and their key employees.
A SSAS offers the widest choice of scheme investments, including commercial property with the added benefit of a loan-back facility. This makes SSAS a powerful tool for retirement and business planning.
Scheme members are trustees and retain full control of all aspects of the SSAS’s investment strategy and the payment of any benefits.