Martin Tilley explores how to navigate the timescale challenge of creating a small self-administered scheme (SSAS)...
It is mid-November but already the clock is ticking for those clients intending to create a new small self-administered scheme (SSAS). SSASs have much to offer the SME client who likes to have as much input into their pension provision as they do into running their company. A SSAS is a valuable tool in any adviser's armoury when managing the affairs of shareholders, directors, and senior employees. However, being a SSAS advocate it pains me to say though, that when it comes to establishing timescales, this is an area where a self-invested personal pension (SIPP) has a SSAS very much ...
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