Can Other Members of the SSAS Transfer in Their Existing Pension Schemes?
Yes, they can. A SSAS can have up to 11 members and all members may transfer existing pension schemes into SSAS.
One of the big advantages of transferring multiple funds into the SSAS is that it creates a bigger pot which, amongst other things:
- Allows you to increase the value of your commercial property portfolio
- Multiplies the ability to borrow money into the SSAS for the purchase of commercial property and/or high returning investments
- Provides increased funds for loans back to the sponsoring employer to support growth.
In addition to loans back to the sponsoring company, you will also have access to the One Crown Investments team who will be able to provide SSAS permissible options.
