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Medics Money podcast

Ep 184: SSAS Pension Schemes with the Century Plan’s Dennis Hall

Nov 14, 2023
Join Dennis Hall from Yellowtail IFA as he discusses the benefits of SSAS pension schemes, intergenerational wealth management, and strategies for equalizing retirement income. Learn about the resurgence of SSAS in the market and how they compare to SIPs in this insightful podcast.
21:43

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • SSAS pension schemes offer intergenerational wealth transfer and property investment leverage for small companies and family businesses.
  • SSAS enables asset consolidation, debt reduction, tax advantages, and property co-ownership settlements, ensuring financial stability and flexibility.

Deep dives

SSAS: Leveraging Pension Schemes for Property Purchase

Small self-administered pension schemes, known as SSAS, provide a unique opportunity to secure and transfer intergenerational wealth, especially beneficial for individuals seeking to leverage property investments or enhance their pension scheme's value. Typically designed for small companies with fewer than 12 members, including directors, owners, and family members, these schemes offer extensive control over investments and are commonly used for property acquisitions.

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