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Protecting Your Assets From Creditors |
Building your business only to see your assets stripped away by creditors in times of financial hardship is a subject that few are willing to contemplate. Can a SSAS help protect your assets if your business goes under ? | | | 
| Contribute assets to a SSAS You can contribute and sell assets from your business to your SSAS which, in addition to building a retirement fund for you, could also ring-fence your assets against business creditors. | | | 
| A SSAS operates under discretionary trust SSAS uniquely can assist controllers of a business. The assets of a SSAS are completely and legally separate from those of a business. | | | 
| Forward business and financial planning The assets of a company contributed to a SSAS do not need to be earmarked in favour of a particular member/director at the time of the contribution. This can assist in financial and business planning. Pension Practitioner .Com can provide assistance to clients on the contribution of a business asset to a SSAS within HMRC requirements. | | | 
| Ensure HMRC requirements are met Selling or contributing an asset held by you, a third party or the business can be correctly administered with Pension Practitioner .Com within HMRC requirements to your SSAS. | | | 
| Minimising income payable through bankruptcy Whilst personal bankruptcies may give rise to an order against a pension scheme to pay a share of income to a creditor from the member’s retirement age, the exposure to the share of income payable can be minimised through SSAS. | | |
Ask your Advisor about SSAS or get in touch with us for your free information pack. You can email us at
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or call us on 0800 634 4862. |
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