Small Self Administered
Small Self Administered Schemes (SSAS) for directors are wholly appropriate vehicles for providing pension benefits.Their popularity has increased rapidly and the majority of private companies find them attractive. Fenwick Solicitors provide bespoke SSAS set ups and annual guidance for our clients.
Acting as the SSAS pension scheme lawyer and practitioner we ensure the smooth introduction of the scheme on a disinterested basis that ensures that the em ployer and trustees' interests are paramount. This is because as pension lawyers we have no investments to sell.
When compared with insurance company schemes, a SSAS is cheap to run and provides full freedom of investment for members who will also be the trustees.
Choosing a SSAS can simplify a company's cash flow problems and the amount and timing of contributions can be adjusted to suit the company.