Workplace Pensions – Director Pensions

Workplace Pensions – Director Pensions

If you run your own business and employ anyone, you may already be aware of Auto Enrolment (AE) and your requirement to put staff into a pension scheme and contribute towards it.  If not you will want to read our AE blog to help you get prepared.

However, what’s right for your employees may not be the optimum solution for you as Directors.  Perhaps you even view funds as being tied up in the pension and almost “dead” money not being put to good use.  Wouldn’t you prefer a pension that gives you greater control and flexibility over your future?  A SSAS pension is designed to give you exactly that and also brings a variety of tax savings and other advantages to you and your business.

SSAS – Small Self Administered Scheme

  • A specialist scheme to offer the Directors more flexibility, control and tax savings.
  • Designed specifically for your business’ needs.  We recognise that the one-size-fits-all approach of larger companies is not right for someone running their own business.
  • SSAS offers tax savings and members can choose their own investment strategy including commercial property.
  • SSAS provides for Directors exiting the business and taking benefits, and even estate planning.

To find out more about how a SSAS could help your business and put funds to effective use, call us on 01273 617160 or dawn@lucesco.co.uk book a free consultation.