What can the SSAS Trustees invest in?

The new simplified tax regime imposes few restrictions on the type of asset that the SSAS Trustees of schemes can invest in, although there will be tax charges in relation to certain types of investment – for example, those aimed at taking value out of the pension scheme. There will also be tax consequences of investing in taxable property which includes residential property and personal chattels.

There is a single set of investment rules for tax purposes, applying to all types of scheme, although schemes will of course remain subject to any relevant Department for Work and Pensions, Financial Conduct Authority or other general restrictions outside tax law.

General trust law requires the SSAS trustees to act prudently, conscientiously and honestly when making decisions in respect of the scheme. SSAS trustees should at all times act in the best interests of scheme members in their capacity as trustees and not as employees, shareholders etc. Trustees should always seek independent financial advice.

SSAS Trustees can invest in a broad range of investments, including:

  • Commercial property and land including farmland
  • UK quoted shares, stocks, gilts and debentures
  • Stocks and shares quoted on a recognised overseas stock exchange
  • Futures and options quoted on a recognised stock exchange
  • OEICs, unit and investment trusts
  • Hedge funds
  • Insurance company funds
  • Bank and building society deposits
  • Investment grade Gold bullion
  • Secured loans to participating employers

Contact us for more about SSAS Trustees.

0 comments on “What can the SSAS Trustees invest in?
  • 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 D.B.PML always puts my interests first. Being a fairly cynical type, I have not always found it easy to be convinced that the pension adviser I am talking to for advice and guidance is genuinely prepared to put my interests before his own potential earnings from commission!
  • How a SSAS helped a business to expandOur client wanted to expand The opportunity arose for our client to acquire and develop a plot of land adjacent to their business premises.  This coincided with an ambition to purchase an expensive item of machinery to assist in the Company’s ambitions to expand. The Company had insufficient funds to do» Read More