Ssas are company pension schemes where members have greater control over investment decisions relating to their pensions, particularly the freedom to use the assets to invest in the business
As businesses find traditional sources of finance unavailable in the current environment, many with a small self-administered scheme (Ssas) are looking to their pension for a cash injection. Under current rules, it is possible for such schemes to loan back up to 50% of assets to the sponsoring employer, even borrowing money to increase the amount available. Several firms have also taken the potential option of buying premises with Ssas assets and leasing this back to the employer at an open-market rent. To give a broad overview, a Ssas is a company scheme where the members - limited to ...
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