What is a SSAS Scheme Administrator?

Every SSAS requires a SSAS Scheme Administrator whose role is to:

  • Register the pension scheme with HM Revenue & Customs (HMRC)
  • Report events relating to the scheme and the Scheme Administrator to HMRC
  • Make returns of information to HMRC
  • Provide information to scheme members, and others, regarding the Lifetime Allowance, benefits and transfers

HMRC can impose fines for failing to adhere to its requirements.

Contact us for more about SSAS Scheme Administration.

0 comments on “What is a SSAS Scheme Administrator?
  • SSAS and Legal Entity IdentifiersWhat are Legal Entity Identifiers and Does Your SSAS Need One? From 3rd January 2018 it will be a requirement for legal entities and structures to obtain a reference called a Legal Entity Identifier (LEI) from the London Stock Exchange in order for the trustees of a SSAS to carry on investing. This» Read More
  • Mr T. E.Our experiences with PML have always been positive and we have the utmost confidence in all the services they provide. We have recommended PML’s services to several friends.