Merchant Investors is to launch a simplified version of the small self-administered scheme (Ssas) pr...
Merchant Investors is to launch a simplified version of the small self-administered scheme (Ssas) product aimed at directors and senior employees. The Director's Portfolio, to be launched 1 November, allows members a large degree of control over underlying investments but does not require the administrative burden normally associated with a Ssas, such as actuarial reports and the appointment of a pensioneer trustee. George Ladds, a marketing executive at Merchant Investors, said the product offers most of the benefits of a Ssas with the simplicity of an executive pensions scheme. The s...
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