SSAS Pensions Explained

Small Self-Administered

What is a SSAS
and what are your options?


A SSAS (Small Self-Administered Pension Scheme) is a type of defined contribution pension. This is set up by an employer that is separate from the general workplace pension scheme but gives the business additional investment flexibility.

A SSAS is like a Self-Invested Personal Pension (SIPP) in the way that the trustees decide where and how the funds are invested for future growth.

SSAS Pensions Explained

What is the difference between a SSAS and a SIPP (Self-Invested Personal Pension)?

Both are self-managed and reliant on the investment decisions of the owner/trustees. The main differences are:


    Greater flexibility with the investments
    Can lend funds back to the company
    Run by trustees – not an individual
    Usually only available to business directors or senior management


Anyone can open a SIPP
Higher running costs than an SSAS
The SIPP provider is the trustee
Cannot lend money to your business from a SIPP


Who can invest in a Small Self-Administered Scheme?

Small Self-Administered pension Schemes are usually set-up to provide retirement benefits for small business owners, directors or senior members of staff. They can also be opened up to all employees and their family members even if they don’t directly work for the business but generally limited to a small number of members.


How can pension works help with a SSAS

How does a SSAS work?

As trustees of the company’s pension scheme, business owners or directors make the key decisions of where the funds are invested. The major benefit of a SSAS is the flexibility on where the funds can be invested, this may include the business’ premises and other fixed assets that could grow in value.

For example, the pension scheme could purchase the business’ premises and lease the property back to the business which would then pay a rental income to the pension fund. Of course, this would be subject to terms and conditions, so it’s advisable to speak to an independent financial adviser.

All of the SSAS’ assets are held in the name of the trustees – there are no individual pension pots for the scheme members to draw from, but each member is recognised to hold a percentage portion of the assets of the scheme.


Peace of mind

We work with all major UK pension providers allowing us to find the pension that helps you meet your retirement goals, and ensures your retirement is in experienced hands.

Why Pension Works?

No obligation, no pressure

Our Pension HealthCheck comes with No obligation and No pressure. If your pension is performing we’ll tell you so, and it won’t cost you a penny.

Independent and transparent

Pension Works are not tied to any pension provider. This allows us to stay independent and only select the most suitable and best-performing policies for you.

Regulated and ISO 9001 Accredited

We are authorised & regulated by the Financial Conduct Authority, and ISO 9001 accredited, meaning our advice will always be in your best interests.

Convenient and flexible service

Being a telephone and internet based business, we can provide independent and professional pension advice at a time that suits you.

What our clients say

About us

Private pension specialists – your retirement is in experienced hands

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Independent & transparent – we are not tied to a single pension provider

Authorised and regulated by the Financial Conduct Authority – for your
peace of mind

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