Seeking Professional Advice
Navigating the intricacies of SSAS pensions can be complex. At Simpson Wood, we are dedicated to guiding our clients through these challenges. Whether it is establishing or managing a SSAS pension, our goal is to ensure it aligns with our clients’ business strategies and retirement planning objectives.
If you are considering a SSAS pension scheme for either the directors or key staff members within your organisation, then, we are able to provide comprehensive, expert advice to help you make a well-informed decision.
Investment Flexibility of SSAS Pensions
A key benefit of SSAS pensions, as we frequently advise, is their significant investment flexibility. This allows for investment in a wider range of assets compared to other pension schemes. A SSAS can also lend money back to the company, buy company shares, or borrow money for investment purposes.
In summary, as a Financial Planning business, we assist clients in setting SSAS structures where a SSAS is the most suitable product offering. We also review underlying assets held under management, and aid with the compliance work required to ensure the SSAS remains compliant.
SSAS Providers
There are many SSAS providers in the market place. It is key to select the most appropriate provider in line with your current needs and objectives. A SSAS is a complicated pension plan, therefore, it is imperative a provider is selected who can offer full scheme administration, trustee services, actuarial services, and investment flexibility where these services are necessary.
Determining Your Service Level Needs
We emphasise to our clients the necessity of deciding the level of service required from a SSAS provider. The options vary from basic tasks like payment processing and filing scheme returns, to more involved services such as corporate trusteeship, ensuring HMRC compliance, or lifetime SSAS brokerage that encompasses both scheme establishment and ongoing investment strategy.
A Long Established History
Established 1880
Our Team of
50+ Staff
Working Closely With
Businesses & Individuals
Take Professional Advice Before You Act
Our approach includes optimising tax relief benefits and adhering to annual allowances, ensuring efficient tax management. We provide strategic advice on pension withdrawals to balance tax liabilities and income, and explore semi-retirement options, leveraging the pension freedoms introduced in 2015.
Our team of financial advisors is dedicated to creating bespoke retirement plans that balance risk and growth potential, guided by the latest market trends and regulatory changes. This holistic strategy is designed to ensure a secure and comfortable retirement for our clients, tailored to their unique financial circumstances and goals.
If you would like to discuss planning for your retirement, please contact us.
More from Pension Advice Huddersfield
There is a wide range of contracts providing life assurance and critical illness cover, making selection of the right arrangements somewhat difficult.
We are experienced at tailor making the right package for you and by using technology, have access to the most competitive rates in the market. Please contact us to discuss your personal requirements so that we can examine which solution would be best for you.
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