Pension Practitioner.Com are one of UK’s leading team of Pension experts. According to the team of pension experts, the number of business loans through SSAS is expected to rise this year.
Online PR News – 27-June-2009 – – UK’s No 1 SSAS expert has seen an increase in the number of professional advisors recommending SSAS. Aside from allowing pension funds to be built up in a tax exempt manner, half of the fund can be invested in the business as a loan. Subject to the ensuring that the appropriate safeguards are in place, a SSAS loan to a business can be a shrewd move.
According to financial analysts, A SSAS can be an efficient tool for pension planning. 99.9% of all businesses in the UK are classified as small or medium sized businesses. For the business or its director or proprietor, a small self-administered scheme (SSAS) is an excellent tool to assist in achieving business success.
A small self administered scheme (SSAS) is established by the operators of a business, who appoint themselves as members and trustees. Investment policy is dictated by the members and trustees themselves and they can make loans to the business. By having a pension scheme loan to a business from a SSAS, the small business not only gets tax breaks on interest repayments but the pension scheme loan terms and conditions can be set favourably by the SSAS.
Pension Practitioner.Com are dedicated to providing a professional service, specifically tailored to meet the specific needs of each and every business. No other SSAS Pensions Expert offers such a clear, simple service at a low cost. Pension Practitioner.com carry out all the administration functions imposed on the Administrator such as scheme returns, reporting and corresponding with HMRC and the DWP to ensure that the scheme is kept tax efficient. They do not promote any investment service providers or their products.
Pension Practitioner .Com offer a unique, simplified approach to SSAS pensions. Businesses and Entrepreneurs interested in SSAS can find out more by visiting http://www.pensionpractitioner.com or by calling freephone 0800 634 4862.
Press Release submitted by: