SSAS - who dares wins

Small Self-Administered Schemes (SSAS) have been around for decades, but really came to the fore during the 1990s. One of the drivers for growth was life assurance companies. With Executive Pension Plans in their arsenal offering company directors a range of insured funds and even a loanback facility, the additional flexibility of SSASs was a threat or even an opportunity that could not be ignored, to retain or obtain funds under management. Then along came the young pretender, the Self-Invested Personal Pension (SIPP). Although the first SIPP was sold in 1990 their popularity did not...