The Business SSAS is a Small Self-Administered scheme (SSAS), established by the director of a trading company. The SSAS is the most flexible UK pension and gives control back, over frozen or dormant workplace and personal pensions.
The Business SSAS pension is a Small Self-Administered scheme (SSAS), established by the director of a trading company. The SSAS is the most flexible UK pension and gives control back, over frozen or dormant workplace and personal pensions.
Whilst many see pensions as boring, inflexible and inaccessible until after age 55, the Business SSAS pension is the opposite. It is merely a savings and investment account inside a tax efficient wrapper.
Created by government, under HMRC regulations, the Business SSAS allows business owners to align their pensions and their businesses to achieve optimum tax efficiency. In addition to all of the benefits traditional pensions offer, there are extensive tools and advantages such as the ability to loan to your business from your pension, invest in property, loan to a 3rd party, build a legacy, ring-fence and secure assets, save on inheritance tax and much more.
Unlike the SIPP, which is a personal pension, the Business SSAS is a corporate pension and so regulated by HMRC and The Pensions Regulator.
A Business SSAS pension scheme can have up to 11 members. These members can be other company employees and/or family members. This offers added advantage as, not only can you combine all of your own pension into one pot, but you can pool pensions with other members, giving greater investment choices and power. All members retain the same percentage portion of the total pot, but as it grows at a faster rate and enjoys extensive tax benefits, each member elevates their own funds.
In addition to the usual tax exemptions available for pensions, a Business SSAS pension offers greater control and flexibility over business and personal assets, when integrated into your strategy. Innovative strategies can be created to grow your business, save tax, and elevate the growth of your retirement fund for yourself and other SSAS members.
For SME businesses, the SSAS is a gamechanger.
Recently been working with Tom at the Landlords Pension through a recommendation from a close friend. Tom is very knowledgeable and explained their services very clearly. Really helpful and friendly guy who immediately put me at ease. Always at the end of the phone or email ready to answer any questions I have.
Highly recommend The Landlords Pension for setting up a SSAS pension. Many Thanks to Liam, Michelle, Teresa and the team for their support throughout and making it an easy process. Looking forward to our working relationship with future investments.
Wouldn’t hesitate to recommend there services to open a SASS, massive thanks to Dan, Michelle and Teresa who made the setup seamless, very supportive throughout the whole process.
Look forward to many years of successful investments with The Landlords Pension
Highly recommend The Landlord’s Pension for opening a SSAS. They are highly professional yet friendly and personable. They are really helpful and keep you informed every step of the way. It’s refreshing to pay for a service by a company who actually do what they say they are going to, with zero aggravation and problems! Thank you guys 🙂
I recently opened my SSAS through The Landlord’s Pension and they have been professional, approachable and efficient throughout. Simon, Teresa and Michelle have all been great in answering my questions and queries and doing their best to ensure the process of transferring over my existing pension has been a smooth and seamless one. I would have no hesitation in recommending them.
I’ve been working with The Landlord’s Pension this year to sort out historically messy pension arrangements and take control by creating a Family SSAS. Chris Brown has been an absolute pleasure to deal with, friendly professional advice all the way through. Thanks!
We had a number of workplace and final salary pensions, dotted all over the place and decided to pull them all into one SSAS. Laura and the team were excellent in explaining what to expect and keeping us advised every step of the way, in fact as part of the fact-find, we came across pensions we didn’t realise we had! I manage my own SSAS, but I know that Laura is at the end of the phone if I need her and she will not hesitate to help. I couldn’t recommend The Landlord’s Pension enough, they were absolutely brilliant!
