City Trustees - part of Mattioli Woods



Small self-administered scheme (SSAS)

Overshadowed by the growth in SIPPs, the merits of SSASs are often overlooked by owner-managers. A small self-administered scheme is an occupational scheme set up by a limited company, typically for the benefit of its controlling directors and senior management. A SSAS provides considerably greater flexibility and control over the scheme's investments. Such schemes can invest in a vast range of assets and investment vehicles, including the ability to invest in the client's own business either through the purchase of shares, loanbacks or the purchase of company premises.

As with SIPP schemes, each client is appointed a dedicated account manager to manage all aspects of scheme administration. For owner-managers, a SSAS can be used to interact with the business to great effect.