Small
Self Administered Schemes (SSASs) are occupational
schemes for up to 12 members, normally directors
of small companies. They are administered
by a Trustee and there is no necessity to
use an insurance company, as the investments
are held in the name of and managed by the
Trustees. There are certain benefits for the
company and the members in such a scheme,
though the administration is strictly monitored
by the Inland Revenue to ensure compliance
with the rules.
