Should business owners choose a SSAS?

Entrepreneurship appeals to people with a vision for their business and desire to control the investment of their hard-earned assets. This desire is no better shown than when they arrange their pensions. Financial advisers know this, which is why a small self-administered scheme (SSAS) is often the preferred pension vehicle of choice for business owners. A SSAS offers unrivalled options in terms of its membership, the assets it holds and the possibility to keep assets in the family with reduced exposure to inheritance tax. It is set up by the entrepreneur's company. This is usually...