How is a SSAS set up?

The SSAS is established under trust by the sponsoring employer for the benefit of the scheme members and other potential beneficiaries. All members of the SSAS should be trustees. Whilst it is subject to the same rules regarding contributions and benefits as an insured company arrangement, a SSAS is much more flexible and gives control of the underlying scheme assets to the trustees.

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  • 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
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