Why advisers should explore the SSAS market for clients

Don't shy away from relevant small schemes aka SSAS

clock • 4 min read

The SSAS decline has plateaued, writes Lee Halpin. Here he urges advisers to remember its unique advantages...

Small self-administered schemes (SSAS), or relevant small schemes (RSS), as The Pensions Regulator now likes to refer to them, have been part of the pensions landscape for a long time. As the popular self-invested personal pension (SIPP) became the flexible pension of choice, SSASs were on a steady, yet undramatic, decline. However, in recent years the number of SSASs knocking about has plateaued and even threatens a resurgence of sorts. There were 22,500 schemes on 1 January 2016 and that figure dropped down to 21,750 on the same date in 2021 - as I said, a steady decline - and TPR e...

To continue reading this article...

Join Professional Adviser for free

  • 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

Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read
IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

IFAs 'have role to play' in tackling 'blissful ignorance' around pensions

Advisers must ‘open people’s eyes to the reality’

Isabel Baxter
clock 16 June 2025 • 4 min read