Are There Disadvantages to a SSAS?
SSAS is one of the best kept secrets in British finance. It is very rarely talked about, which is a great shame given all the substantial advantages that it has as you would have seen or will see in this series of videos that we’ve put together for you.
Anyone wishing to set up a SSAS should carefully examine who their provider will be, as there can be a significant difference in what certain providers will and won't allow you to do. Therefore, it is important you choose your supplier wisely.
A smooth administration process is one of the benefits we at One Crown Pensions have worked to provide for each and every one of our clients. We try to use technology as much as possible, and since our forms are pre-populated, your work will be minimal. Running your Company probably keeps you quite busy. So, we ensure that setting up a SSAS doesn’t involve you handling mountains of paperwork. We handle all of that for you.
Does SSAS have any disadvantages then? Not in my opinion. However, choosing the wrong provider has drawbacks, so be sure to talk to us first. Check out our page on The Benefits of SSAS.