The Chancellor should use the next budget to remove "nonsensical rules" governing pension scheme investment in taxable property, Rowanmoor Pensions says.
The small self-administered scheme provider believes it is up to the government to help small and medium sized businesses survive the recession and removing restrictions of this kind would be a good first step. Rowanmoor joint managing director David Seaton says: "With simplification, many said the SSAS was dead. In the current economic climate, as the shortage of funds hits so many small businesses in the UK we have seen a rising interest in SSAS, due to their ability to lend back to the company. "With the budget, the government has the opportunity to do more to help the economy and in...
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