When you set up a SSAS pension scheme the trustee-member, you, manages the scheme which is the pension provider. By default you are also the administrator unless you decide to use the services of a SSAS practitioner like ourselves to assist you in wading through the volumes of laws and regulations that pension schemes are subject to.
A SSAS practitioner acts as a pension practitioner specialising in SSAS pension schemes. He takes responsibility for keeping the scheme abreast of pension laws and can be fined by HMRC personally for any breaches of pension rules by the scheme such as when it makes an unauthorised payment.
Let our SSAS Practitioner help you self manage your scheme.
The Role of SSAS Practitioner
Our SSAS practitioner provides pension administration support to directors and key employees of companies and partnerhsips for whom the company sponsors a SSAS pension scheme. Limited to a maximum of 11 members all of whom must be trustees, we assist you in taking advantage of the numerous advantages of a self administered occupational pension scheme.email us
SSAS for Business Funding
- Expert SSAS Practitioner guidance
- Lend up to 50% of the SSAS pension fund to your business
- Use a legally qualified SSAS Practitioner
- Affordable pension administrative guidance
SSAS Pension Loans
Generally a SSAS can lend up to 95% of the net vlaue of the fund to unconnected third parties. And although pension loans to members and those connected to them are prohibited, a SSAS unlike a SIPP may lend to the sponsoring employer, your business, subject to a maximum of 50% of the net funds in the scheme. Contact our SSAS Practitioner now for advice on SSAS loans to the sponsoring employer.email us
Members of occupational pension schemes generally have little say over the way in which the fund is managed. This explains the popularity of Small Self-Administered Schemes ('SSASs') which are usually company-based schemes set up specifically for the benefit of the company directors usually under the guidance of a SSAS Practitioner. Our SSAS practitioner assisted scheme gives members this ability to self manage and invest in a wide range of investments. Learn more about a SSAS from our SSAS practitioner by calling 01752 250821.
- Bespoke tailormade service
- Day -to-day SSAS Practioner support
- Combined solicitor and SSAS practitioner
Occupational pension scheme
An occupational pension schcme is one that is established usually with the aid of a registered SSAS Practitioner to provide pension benefits for people with service in the employment (or self~employment) described in the pension scheme trust deed and rules. It may also additionally provide benefits to members who are not in that kind of employment (or self-employment). Most SSAS pension schemes established by employers for the benefit of their employees satisfy the definition of an occupational pension scheme in the Pension Schemes Act 1993, the main provision of which is that the seat of administration, be in the United Kingdom. As our SSAS Practitioner or SSAS practitioner administration service is based in the UK you will be able to set up a UK pension scheme if not fully based here.email us
Pension Lawyer and SSAS Practitioner Combined Service
Our SSAS Practitioner also being a solicitor is able to draft the necessary documents to establish your SSAS Self Administered Pension Scheme. In addition to a SSAS our SSAS Practitioner also provides administration services for the larger occupational pension schemes against with the usual SSAS practitioner services. Contact our SSAS practitioner for a fixed fee quote on establishing a pension scheme for your employeees or if you are a business owner to set up your SSAS.
SSAS Practitioner- Our Location
Fenwick SSAS Practitioner
34 Lipson Road Plymouth PL4 8PW
Phone: 01752 250821
Fax: 0844 8073015