I welcome back Bryn Walker, who on his return to the podcast is focusing on Small Self-Administered Scheme (SSAS) pensions and their intersection with commercial property investments.
Bryn, an experienced SSAS advisor, shares insights on the flexibility and advantages of SSAS pensions for entrepreneurs. The discussion delves into topics such as the application process with HMRC, the potential pitfalls of pension scams, considerations for lending money from a SSAS, and the minimum financial requirements for setting up a SSAS.
KEY TAKEAWAYS
BEST MOMENTS
"I tend to find directors of small limited companies have requirements that are over and above normal because they're entrepreneurs and they tend to look for a more interesting type of pension arrangement."
"Anything that's put in place to reduce the likelihood of a pension scam, I would have to favour."
"Everybody's circumstances are separate and different, and the way that SSAS works is complicated, and there's lots of, that lovely word, nuances, and you really need to get full and proper advice based around your circumstances."
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