SSAS stands for Small Self-Administered Scheme and is a close relative of the SIPP. Traditionally these are set up by small businesses and are used as a self-managed pension scheme for directors of the company. It shares many similarities with the SIPP, although the beneficiaries are usually also the trustees, which allows them to be even more in control of their investments. Please note that tax treatment is dependent on the individual circumstances of each investor.
What is a SSAS?
