SSAS

A small self-administered scheme (SSAS) is an occupational pension scheme set up under trust with fewer than 12 members.  Historically, a SSAS required a professional trustee known as a pensioneer trustee.  Since A-day this requirement has been removed, although the majority of SSASs still employ the services of an independent trustee who is well versed in legislation and HM Revenue & Customs (HMRC) practice.