{"id":71,"date":"2023-01-22T14:46:55","date_gmt":"2023-01-22T14:46:55","guid":{"rendered":"http:\/\/18.134.73.44\/?page_id=71"},"modified":"2023-01-24T00:30:55","modified_gmt":"2023-01-24T00:30:55","slug":"faq","status":"publish","type":"page","link":"https:\/\/www.ssasreviews.com\/index.php\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"\n<p>Unfortunately, because the SSAS Administration industry is so competitive and the&nbsp;guidance from HMRC is written for pension people, it is very difficult to find any basic information or answers to common questions surrounding the administration of SSAS&#8217;. We have therefore decided to include this page with our views and responses to frequently asked questions. Please remember that these are our views which cannot be relied upon as advice, but if you do wish to discuss anything published here or your scheme&#8217;s specific situation, then please feel free to call us&nbsp;on 01606 837695.<\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_fd870c4a41934a51a5100e4332f127bf.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_fd870c4a41934a51a5100e4332f127bf.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/static.wixstatic.com\/media\/674af7ce012705bf6ac26c6888fdfaba.jpg\/v1\/fill\/w_330,h_227,al_c,q_80,usm_0.66_1.00_0.01\/674af7ce012705bf6ac26c6888fdfaba.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p><strong><em><u>Pension Sharing within a SSAS<\/u><\/em><\/strong><\/p>\n\n\n\n<p><strong><em><u>May 19, 2019<\/u><\/em><\/strong><\/p>\n\n\n\n<p>Question: &#8220;Can I bring my Wife into my SSAS and share my fund with her to avoid the Lifetime Allowance?&#8221;<\/p>\n\n\n\n<p>\u200b<\/p>\n\n\n\n<p>Answer: &#8220;Only with a Divorce&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_fd870c4a41934a51a5100e4332f127bf.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.ssasreviews.com\/wp-content\/uploads\/2023\/01\/Pension-Sharing-within-a-SSAS.pdf\" data-type=\"attachment\" data-id=\"30\">Pension Sharing within a SSAS<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_3e4c248388b34d89a828db7f9dcb2845.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_3e4c248388b34d89a828db7f9dcb2845.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/static.wixstatic.com\/media\/b0ae20d5dba544efb0d9ad95d3ec2ae8.jpg\/v1\/fill\/w_330,h_227,al_c,q_80,usm_0.66_1.00_0.01\/b0ae20d5dba544efb0d9ad95d3ec2ae8.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p><strong><em><u>Who can establish a SSAS?<\/u><\/em><\/strong><\/p>\n\n\n\n<p><strong><em><u>December 11, 2017<\/u><\/em><\/strong><\/p>\n\n\n\n<p>The &#8216;UK Registered Employer&#8217; requirement is something that so many fall foul of. Attached is our updated interpretation of the definition.<\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_a2e41c35b71340f884df6c87b22ae329.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.ssasreviews.com\/wp-content\/uploads\/2023\/01\/Who-can-estalish-a-SSAS.-Dec-17.pdf\" data-type=\"attachment\" data-id=\"50\">Who can establish a SSAS?<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_c0ee96c947394a0f97c5945aeeafeaab.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_c0ee96c947394a0f97c5945aeeafeaab.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/static.wixstatic.com\/media\/3acce50bdb519bdad66e21628a64d4d3.jpg\/v1\/fill\/w_330,h_227,al_c,q_80,usm_0.66_1.00_0.01\/3acce50bdb519bdad66e21628a64d4d3.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p><strong><em><u>Do all Members need to be the Trustees<\/u><\/em><\/strong><\/p>\n\n\n\n<p><strong><em><u>January 20, 2017<\/u><\/em><\/strong><\/p>\n\n\n\n<p>We are often asked if all members of a SSAS need to also be the Trustees? And if not, then what are the implications?<\/p>\n\n\n\n<p>The attached paper is our view on why this is a requirement for so many Administrators&nbsp;including SSAS Reviews.<\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_c0ee96c947394a0f97c5945aeeafeaab.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.ssasreviews.com\/wp-content\/uploads\/2023\/01\/Do-all-Members-need-to-be-Trustees.pdf\" data-type=\"attachment\" data-id=\"16\">Do all Members need to be Trustees<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_47ce9e6fb31a449f8e91765e202c67e4.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_47ce9e6fb31a449f8e91765e202c67e4.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/static.wixstatic.com\/media\/6a401562b21040bd8d76faeff9042212.jpg\/v1\/fill\/w_330,h_227,al_c,q_80,usm_0.66_1.00_0.01\/6a401562b21040bd8d76faeff9042212.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p><strong><em><u>What is a SSAS?<\/u><\/em><\/strong><\/p>\n\n\n\n<p><strong><em><u>January 20, 2017<\/u><\/em><\/strong><\/p>\n\n\n\n<p>As there is no consistent definition, in legislation, of what a Small Self Administered Scheme (SSAS) actually is, the attached paper sets out our opinion.<\/p>\n\n\n\n<p><a href=\"https:\/\/ec01df3b-7308-4c25-b409-15c68539bd8c.filesusr.com\/ugd\/fd255b_47ce9e6fb31a449f8e91765e202c67e4.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.ssasreviews.com\/index.php\/what-is-a-ssas-2\/\" data-type=\"page\" data-id=\"67\">What is a SSAS?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unfortunately, because the SSAS Administration industry is so competitive and the&nbsp;guidance from HMRC is written for pension people, it is very difficult to find any basic information or answers to common questions surrounding the administration of SSAS&#8217;. We have therefore decided to include this page with our views and responses to frequently asked questions. Please [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/pages\/71"}],"collection":[{"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/comments?post=71"}],"version-history":[{"count":5,"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/pages\/71\/revisions"}],"predecessor-version":[{"id":221,"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/pages\/71\/revisions\/221"}],"wp:attachment":[{"href":"https:\/\/www.ssasreviews.com\/index.php\/wp-json\/wp\/v2\/media?parent=71"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}