RCLOGO-3
   

Call Richard Cook: 07770 575 122

email: richard@theinvestmentandretirementcoach.co.uk

Small Self Administered Schemes Support Business

loan

I attended Barnett Waddingham’s SSAS Update workshop on 7th March. As always their technical content was accurate and up to date.

The main “take-away” for me was a reminder that business bank borrowing remains both difficult and expensive and that a director’s pension plan (SSAS) may well be able to support the business by:

  • Leasebacks – purchasing property from the company and leasing it back
  • Loanbacks – lending some of the pension fund back to the company on commercial terms
  • Income replacement strategies for directors over the age of 55

One word of warning! You need to get this right if you are to avoid severe tax penalties. If you are at all unsure about the competancy of your adviser email me and I will give you some cracking questions to ask yourself; the answers to which will tell you if you need a better adviser.

 

IMPORTANT INFORMATION
This document and our on going services are not personal advice. We'll give you all the help and guidance you need to make your investment and retirement decisions, but we can't advise you. If you're not sure whether you need regulated financial advice we can put you in touch with a suitably qualified and experienced regulated adviser. Because we are not regulated by the Financial Conduct Authority you will not have access to the Financial Ombudsman Service in respect of any complaints. If you use one of the "no advice" on line services to handle investment transactions they will be Regulated and you will have access to the Ombudsman and The Financial Compensation Scheme in respect of their services. The value of investments/pension plans can fall or rise depending on market performance. The Retirement Team and The Investment and Retirement Coach are trading names of Capture Success Ltd Reg No 01825075 Tel 07770575122

Share Button

Leave a Reply

Your email address will not be published.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Sign up to my mailing list

×
Fearless Retirement

Register to be in with a chance of receiving one of 25 complimentary copies of my book “Fearless Retirement

×

Need more information?

Use the form below to contact me and I’ll get back to you as soon as possible.

    Your Name (required)

    Your Email (required)

    Your telephone number:

    Subject

    Any particular problems/ issues?

    ×
    Read my featured articles on money success here;
    article-1
    article-2
    article-3
    ×