Mid-life crisis for SSAS

Approaching 35 years of age, the small self-administered scheme (SSAS) market continues to frustrate, as it seeks to justify its existence in the shadow of the SIPP market. Like two siblings, SSAS and SIPP share the same DNA, but have developed very differently. SIPP has gone out and challenged all comers with considerable success, whereas SSAS has somewhat apologetically languished in its comfort zone. So what lies in store for the SSAS market? With a diminishing number of SSAS providers, the reality is that SSAS will continue as a niche product for the rest of its days. That is, however...