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