Who Has the Final Say on Investment Decisions Inside the SSAS?
It’s important to understand that all members of the SSAS are Member Trustees and therefore all investment decisions inside SSAS must be unanimous. It’s why often at One Crown Pensions, most of the SSAS’s that we do tend to be with family members. That way, there is less of an option for dispute.
So, it’s very much that all members must agree 100% on investment decisions that are made because at the end of the day the profits are shared out pro-rata to the members depending on the holdings that they’ve got inside SSAS.
There is a second layer of protection for you. At One Crown Pensions we are aware of the revenue pension investment regulations. So, we are here to make sure that you don’t fall foul of those regulations.
So, if you do turn up and ask us ‘can we invest in residential property?’ we will, of course, say no. But if you are looking to invest in commercial property and other investments that are on the permitted list we will say yes and do everything to help you undertake those investments for the SSAS.