If you have set up your Hartsfield SSAS you need to think about what to invest in. Here are full details of permitted (and not permitted) investments, but here’s a summary.
What can I invest in?
Technically, you can invest in anything but take it from the experts (us!) that you’d be very unwise to do so, because a number of investments will incur tax charges.
There are also many pension liberation scams which you need to steer clear of. As joint trustees alongside you, we will be able to help ensure that this does not happen to your hard-earned money.
So, what can you sensibly invest in? Your Hartsfield SSAS will need a bank account, so cash deposits are one obvious investment, but others include shares in listed companies or in private companies, unit trusts and Government securities. Commercial property is an area of investment which has many advantages, as does using your pension to provide a loan to your business or businesses.
With any investment, you need to be confident that it’s the right one for you and your circumstances and you should therefore obtain financial advice. If you do not already have an existing financial adviser, you can find one via www.unbiased.co.uk or alternatively we can put you in touch with a reputable adviser to guide you through the options available.
And, once you’ve chosen your investment, we hope you will engage Hartsfield to help you. Why? Because our knowledge, experience and expertise don’t come from a manual, they have been built up over more than three decades.
We have a hands-on approach, working with a huge range of clients with very diverse requirements. We will carry out all of the complicated technical work needed to create and run your SSAS allowing you the time to concentrate on your business or simply sit back and enjoy the benefits.
To talk about your SSAS and investment options, please get in touch with the team here at Hartsfield Trustee Services.