This information was provided by Day Cooper Day, a specialist pension advisor which helps our investors utilise their pension funds through Bricks Finance. If you would like more information or an introduction to the firm please just us know.
A Small Self-Administered Scheme (SSAS) is a pension trust set up by a limited company or a partnership. These schemes are created primarily by private and family-run limited companies for the benefit of the owner, directors and senior employees. An SSAS provides much more scope to invest in assets selected by the individual whereas a SIPP, which is normally managed by a large corporate trustee, tends to be restricted to quoted funds. Business owners who are eligible to set up an SSAS can earn 7% per annum by lending through Bricks Finance.