Small Self Administered Scheme (SSAS) is a type of UK Occupational Pension Scheme.
Schemes are trust-based and established individually, usually by directors of limited companies for specified employees of the company. Since Pension Simplification (also known as A-Day), SSAS has been available for establishment by those who are not in a limited company (i.e. Partnerships and Families).
Read more about Small Self Administered Scheme: Tax Relief, Ownership, Investment Choice, Benefit Rules
Famous quotes containing the words small, administered and/or scheme:
“The thing is plain. All that men really understand, is confined to a very small compass; to their daily affairs and experience; to what they have an opportunity to know, and motives to study or practise. The rest is affectation and imposture.”
—William Hazlitt (1778–1830)
“In framing a government which is to be administered by men over men ... you must first enable the government to control the governed; and in the next place oblige it to control itself.”
—James Madison (1751–1836)
“I have no scheme about it,—no designs on men at all; and, if I had, my mode would be to tempt them with the fruit, and not with the manure. To what end do I lead a simple life at all, pray? That I may teach others to simplify their lives?—and so all our lives be simplified merely, like an algebraic formula? Or not, rather, that I may make use of the ground I have cleared, to live more worthily and profitably?”
—Henry David Thoreau (1817–1862)