WHAT's new in SSAS Solutions?
COMMERCIAL RENT RATES INCREASING, IS IT TIME TO INVEST?
13th June 2017 - Irish News
Ten years on from the crash which saw the value of commercial property and land in Northern Ireland plummet, prospects for the industry are beginning to improve.
And for those seeking to invest, the range of finance options open to them is also changing.
Many are turning away from traditional routes such as banks – which typically seek around a third of the overall investment required up front.
Of those, an increasing number are dipping into their own pension funds to find the required capital.
Last chance (pension) saloon
22nd Feb 2016
Michael Galway, Director at SSAS Solutions, looks at how pensions tax relief will change for ‘high earners’ from 6th April 2016.
The pensions landscape has changed dramatically over the past couple of years. Many of these changes have been hugely beneficial – including the new “pension freedoms” and the improved tax position on death (whereby any undrawn pension assets – including commercial property and land – can now be passed onto any beneficiary, potentially without any tax implications whatsoever).
All of this assumes that the rules of your pension fund are flexible enough to enable the assets to be passed onto the next (and subsequent) generations. For more information on how a Small Self-Administered Scheme can provide this additional flexibility, please contact SSAS Solutions on 02890376970 or email firstname.lastname@example.org
Lender of last resort or………. prudent pension fund investment opportunity?
25th Jan 2016
Allison Chambers, Director at SSAS Solutions, discusses the use of the loan-back facility from a Small Self-Administered Pension scheme (SSAS) to the scheme sponsoring employer.
Allison says; “some recession hit Ulster firms are dipping into their pension pots to bail out their struggling businesses. The strict lending criterion introduced by the banks is forcing an increasing number of ailing companies to draw on retirement funds to keep their businesses afloat. However, many firms still don’t know that this valuable option exists”.
BUSINESS MATTERS: PENSION FUND BY NAME, FAMILY TRUST BY NATURE
19th Nov 2015
Michael Galway, director at SSAS Solutions, discusses how small self-administered pension schemes (SSAS) can now be used to pass wealth down through the generations, tax efficiently.
The past 18 months have been a busy (and positive!) time for pensions. Much of the press attention has focussed on the introduction of the new ‘pension freedoms’, which allow individuals to have unrestricted access to their pension pots from age 55.
BUSINESS MATTERS: MY PROPERTY IS MY PENSION FUND
21st Oct 2015
Allison Chambers, director at SSAS Solutions, discusses how a Small Self-Administered pension Scheme could boost your retirement income.
A common phrase six or seven years ago but historic turmoil in the property market has seen values reduce significantly along with rental yields. Wouldn’t it be great if you could get a helping hand from the exchequer in the form of tax relief? It’s actually called a pension scheme...