Small Self Administered Pension Schemes (SSAPS)
A Small Self Administered Pension Scheme (SSAPS) is an approved company sponsored pension arrangement where the member trustee decides how the funds are invested. In general, investments are made outside of insurance companies. The vast majority of SSAPS are established in respect of company directors or key employees.
By establishing an SSAPS the member retains control of the funds and investment decisions in his/her own scheme. The Revenue Commissioners require that a Pensioneer Trustee, such as Newcourt Pensioneer Trustees Limited, be appointed to operate such schemes.
Please note Newcourt Pensioneer Trustees Limited is regulated as a Registered Administrator with the Pensions Board and is approved by the Office of the Revenue Commissioners to act as a Pensioneer Trustee.
For full information relating to SSAPS and for details of our complete range of pre-retirement products and services, please contact Newcourt Pensioneer Trustees Limited