The recent growth of the SIPP market has perhaps made SSAS appear less fashionable. But as Simon Causton explains, it still has a major role to play in self-investment
A-Day saw SSAS and SIPP come together in terms of contributions that can be paid, benefits that can be drawn, and their borrowing facilities. There is little difference in the investments that can be held in each pension arrangement. But there are areas in which SSAS has certain advantages. Here are some of those benefits: Loan facility SSAS has retained the ability to lend funds to businesses controlled by scheme members. In a market where credit remains tight, there has been an increase in the number of enquiries over loan requests. Investments in unquoted shares A SSAS...
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