How to borrow from your SSAS

Listening to the car radio on the way to work on the Monday morning that I was to write this article, I heard news that the global banking community had agreed to Basel III regulations, which European Central Bank chief Jean-Claude Trichet said were ‘a fundamental strengthening of global capital standards’. This strengthening will come about by the amount of capital banks will have to hold increasing from 2% of loans and investments to 7%. My immediate thought was: “Isn’t this just going to exacerbate the problem of banks not lending to small businesses?” I will probably not evoke muc...