PRODUCTS
SSAS
SASS is an occupational pension scheme set up by a principal employer to provide pension benefits for directors, or in a case where a partnership is the principal employer, a scheme for partners.
The maximum number of members for a SSAS is 11. An employer may have more than one scheme. All members must be trustees, with assets being held on a pooled basis with each member having a share of the fund.
Under new guidance from HMRC, those running the scheme must be fit and proper; normally the members will appoint a Specialist Administrator and Professional Trustee to do the duties
As a SSAS has a scheme fee rather than individual fees, it can also be more cost effective than a SIPP especially if there are many members or properties in the scheme
A key to any pension administration is robust reliable software and systems; we use specialist administration software provided by Delta Financial Systems, an industry leader.
Takeovers
We can take over existing schemes, assist in updating existing scheme rules and help correct existing problems within the scheme.
TECHNICAL SUPPORT
Monument SSAS Limited is pleased to provide technical support to financial advisors.
With over 25 years’ experience in the SSAS market and the ability to call upon a wide range of technical support, Monument SSAS Limited works with advisors to find solutions to their SSAS needs.