SSAS pension

[Orangecat]

Anyone set up a SSAS instead of SIPP? Any thoughts?

[Lance]

Anyone set up a SSAS instead of SIPP? Any thoughts?

don't bother.
Higher costs and pointless if you're a one man band.

SIPP vs. SSAS | Online Money Advisor

[Fred Bloggs]

don't bother.
Higher costs and pointless if you're a one man band.

SIPP vs. SSAS | Online Money Advisor

Yep. What Lance said.

[Lockhouse]

My mate set up one 25 years ago, moved his freehold office building into it. At the time I scoffed but he's retired and loaded and I'm still working. If you have premises, loads of fixed assets or non-standard requirements take a look but Joe Bloke contractor will struggle to make the maths work.

[Lance]

My mate set up one 25 years ago, moved his freehold office building into it. At the time I scoffed but he's retired and loaded and I'm still working. If you have premises, loads of fixed assets or non-standard requirements take a look but Joe Bloke contractor will struggle to make the maths work.

you can do that with a SIPP

[Fred Bloggs]

you can do that with a SIPP

A full service SIPP you can, yes. I believe the majority of folks don't realise that the usual retail platforms are really a basic stripped back SIPP to cater for most retail investors. A full service SIPP that accommodates direct commercial property holdings cannot be found in the typical fund supermarket type place where most folks look for a SIPP. Full service SIPP is typically pretty bespoke, which means expensive. Hence the success of the fund supermarkets in this space.

[Lance]

A full service SIPP you can, yes. I believe the majority of folks don't realise that the usual retail platforms are really a basic stripped back SIPP to cater for most retail investors. A full service SIPP that accommodates direct commercial property holdings cannot be found in the typical fund supermarket type place where most folks look for a SIPP. Full service SIPP is typically pretty bespoke, which means expensive. Hence the success of the fund supermarkets in this space.

Indeed. In fact it has some commonalities with SSAS in the cost.
But it doesn't need a trust and is designed for one person not a group of people.