How to find the best SSAS providers

A comprehensive guide to Pensions and Investments for Investing in Property

Firstly, we should cover off exactly what a “SSAS Provider” is

It is important to know how to find the best SSAS providers. Essentially your chosen SSAS provider will in most cases replace your traditional pension scheme provider. This means they will typically file the pensions returns to HMRC, manage the bank account of the pension and undertake administrative duties. Depending on the level of service you then choose will dictate the roles and responsibilities that they undertake.

Deciding which SSAS provider to work with is imperative, it’s important to recognise the different levels of services you may be offered.

The main types of services offered by SSAS providers are;
  • SSAS Administrators
  • SSAS Practitioners
  • Corporate Trustees
  • SSAS Brokers

You will need to decide whether you are simply looking for a practitioner to process payments and file scheme returns, a corporate trustee who takes a greater degree of responsibility in ensuring the SSAS pension conforms to HMRC rules or a SSAS broker who typically would be involved in not only the establishment of the scheme but also in the investment strategy of the pension. If you need help in deciding the level of service you require book a FREE consultation with one of our SSAS experts and get your questions answered by clicking here.

Once you have decided the level of service you require you will then need to decide on a provider to work with

Again there are many variables to consider but this usually comes down to either cost or flexibility.

One of the great benefits of a SSAS pension is the flexibility of investments you can make within the scheme however some SSAS providers impose their own restrictions on what you can and cannot do within their schemes. It’s vitally important that you work with a provider who understand and specialise in the investment strategy you are looking to undertake.

The Landlord’s Pension receive enquiries every week from people who have established a SSAS Pension with a provider who won’t let them implement their investment strategies, not because they don’t conform to HMRC rules but because they don’t fit within the providers internal rules. In this scenario you would then be looking to move provider and incur more cost, so ensuring you are working with the right provider first time round is important.

When is comes to costs of running a SSAS pension the charges do vary quite considerably from one provider to the next, typically schemes that The Landlord’s Pension establish have annual fees starting from as little as £600 p.a..

Still need more guidance?

The Landlord’s Pension recognised the difficulty many people faced in understanding what can and cannot be achieved within a SSAS Pension and the challenge in finding the most cost effective SSAS provider. As the UK’s leading SSAS pension broker we work with a range of SSAS providers to ensure you get the SSAS that fits in with your goals but is also cost effective. Speak to one of our SSAS advisors today by emailing or calling us on 01235 426666.

What our customers say...

  • An excellent service from Khaleda who took us through the process of setting up our SASS pension. We were fully advised on the whole process and kept up to date regularly with all questions being answered fully. We would highly recommend using Khaleda who we can’t fault. Brilliant

    Jessett Simon Daisy Avatar
    Jessett Simon Daisy
  • I’ve been working with The Landlord’s Pension this year to sort out historically messy pension arrangements and take control by creating a Family SSAS. Chris Brown has been an absolute pleasure to deal with, friendly professional advice all the way through. Thanks!

    Ray Georgeson Avatar
    Ray Georgeson
  • I cannot recommend Lewis Jones from the Landlord’s Pension highly enough. His professionalism and knowledge of SSAS’s has been outstanding. He has guided me through the end to end process of setting up a SSAS to transfer my Pension into and has never complained when I’ve sent numerous emails with... Read more

    Lissa Lowrie Avatar
    Lissa Lowrie
  • Highly recommend The Landlords Pension for setting up a SSAS pension. Many Thanks to Liam, Michelle, Teresa and the team for their support throughout and making it an easy process. Looking forward to our working relationship with future investments.

    Matthew Martin Avatar
    Matthew Martin
  • Many thanks to Dan,Michelle and Teresa in helping me setup the SASS very supportive throughout the whole process
    Always happy to answers any questions and I look forward to working with them
    I couldn’t have done all this without The Landlords Pension
    Angela Woods

    Angela Woods Avatar
    Angela Woods

The Landlords Pension is an expert in this niche sector of financial planning and have been helping clients to invest in property since 2004.