Small Self Administered Schemes (SSAS)
This is a money purchase occupational pension scheme for a maximum of 11 people. It therefore comes under the same rules as any other occupational pension (see defined contribution schemes). It is designed as a more bespoke pension than any ordinary occupational scheme. It allows scheme members to make their own investment decisions and is often used as a vehicle to invest pension money back into the company.
Investing money back into the company can either be via loans or purchase of business properties.
