Adrian Boulding: SSAS advantages in 10 key points

Getting SSAS-y

clock • 10 min read

Adrian Boulding continues his deep dive into the SSAS market with his second feature on the lesser-known corner of the pensions world. Here he outlines 10 key points advisers should know and highlights SSAS' client-retention potential

Small self-administered scheme (SSAS) pensions came into being way back in 1974 in the depths of the three day week when Britain was still the ‘the sick man of Europe'. The SSAS market grew exponentially during the 70s and 80s in a time when income tax and interest rates were much higher than they are today, and business finance was much scarcer than it is today. The SSAS proved an ideal vehicle for co-directors within a business and with common investment aims. Many boards of directors wanted the flexibility to purchase pension-able assets jointly and borrow against SSAS-held assets ...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Pensions

According to research from My Pension Expert, almost half of those surveyed (45%) believed the current financial crisis had negatively impacted their retirement strategy

Third of UK adults doubt government will restore pension security 

Action needed to protect retirees and pension savers, experts say

Julia Bahr
clock 25 November 2022 • 2 min read
Mark Devlin explains how to help clients avoid the MPAA

Spanner in the works: How to help clients avoid the MPAA

MPAA can reduce DC contributions to £4,000 a year

Mark Devlin
clock 24 November 2022 • 3 min read
PDP publishes updated pension dashboard standards

PDP publishes updated pension dashboard standards

Will consult on draft design standards this winter

Holly Roach
clock 21 November 2022 • 1 min read