The pros and cons of earmarking assets within a SSAS

Absolutely critical that asset earmarking is documented

clock • 3 min read

Martin Tilley shares his insight into earmarking of assets in a SSAS arrangement, something he explains can be a useful tool when used creatively by experienced advisers...

Many owner-managed businesses are beginning to see the advantages of small self-administered schemes (SSAS) and the valuable features they offer when planning a retirement strategy. A SSAS is multi-member occupational scheme within which members individual entitlements are pooled into a single fund. This has a number of advantages, including the opportunity to invest in a particular asset collectively which individuals might not have had access to separately, and for larger assets such as direct commercial property to be acquired. A SSAS usually operates on a common trust fund basis. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Government publishes Pensions Investment Review interim report and launches DC and LGPS consultations

Government publishes Pensions Investment Review interim report and launches DC and LGPS consultations

Report published as Reeves delivered inaugural Mansion House speech

Jonathan Stapleton
clock 15 November 2024 • 4 min read
Chancellor to create DC 'megafunds' in Mansion House growth bid

Chancellor to create DC 'megafunds' in Mansion House growth bid

Chancellor to unveil ‘biggest pension reforms in decades’

Martin Richmond
clock 14 November 2024 • 3 min read
Pensions dashboards could leave savers at risk of 'poorly informed' transfers

Pensions dashboards could leave savers at risk of 'poorly informed' transfers

Research finds two-fifths of savers likely to use dashboards to carry out a pension transfer

Martin Richmond
clock 13 November 2024 • 3 min read