4 avsnitt

A very warm welcome to the SSAS Business Podcast specifically for those who run dynamic businesses, are SSAS pension trustees and have decided to take full control of their personal wealth economy.

In the podcast I share with you how you can understand the power of this high performance combination of business, SSAS and wealth generation, to create the power, freedom and choice in your life, creating your multigenerational legacy.

I am so passionate about Business and SSAS Pensions that I wrote a #1 Amazon best seller on the subject, “SSAS Pensions, Creating extraordinary levels of compounding wealth”. To find out more about how SSAS can be a game changer in YOUR personal economy, join thousands of SSAS Trustees on our Facebook Group 'SSAS Alliance’ and join us at www.ssasalliance.org

SSAS Business Podcast Mark Stokes

    • Investering

A very warm welcome to the SSAS Business Podcast specifically for those who run dynamic businesses, are SSAS pension trustees and have decided to take full control of their personal wealth economy.

In the podcast I share with you how you can understand the power of this high performance combination of business, SSAS and wealth generation, to create the power, freedom and choice in your life, creating your multigenerational legacy.

I am so passionate about Business and SSAS Pensions that I wrote a #1 Amazon best seller on the subject, “SSAS Pensions, Creating extraordinary levels of compounding wealth”. To find out more about how SSAS can be a game changer in YOUR personal economy, join thousands of SSAS Trustees on our Facebook Group 'SSAS Alliance’ and join us at www.ssasalliance.org

    04 What can you do with a SSAS

    04 What can you do with a SSAS

    The beauty of a SSAS pension that attracts many, is the diversity of investment opportunities that are available for those who seek ownership, choice and control of their decisions.

    The following is a comprehesive list of the range of assets permitted by HMRC, at the time of writing, for a SSAS to invest in:
    Commercial Property
    Industrial property
    Retail Units
    Agricultural Land
    Commercial Land
    Industrial/business units and warehouses
    Offices and shops
    Forestry and woodland
    Land for development
    Public houses
    Nursing homes
    Hotels, bed and breakfasts and serviced accommodation in certain cases
    Marine berths
    Prisons
    Regulated Collective Investments such as Unit Trusts, OEICS and ICVC’s
    Gilts
    Bonds
    Fixed Interest stocks
    Investment Trusts
    Direct Quoted Equities
    Trustee Investment Plans
    Loan back to the sponsoring employer
    Equities
    Futures and options traded on recognised futures exchange
    Authorised UK unit trusts and OEICs and other UCITS funds
    Unauthorised unit trusts that don't invest in residential property
    Investment trusts subject to FCA regulation
    Unitised insurance funds from EU insurers and IPAs
    Intangible assets such as intellectual property (IP)
    Deposits and deposit interests
    Traded endowment policies
    Derivative products such as a Contract for difference (CFD)
    Gold bullion
    Peer to peer (P2P) Lending/Crowd Funding
    Off shore funds
    Cash deposits
    Image rights
    Copyrights
    Trademarks

    Some of these investment areas may have caveats to them on how they may be allowable - some are only applicable to the UK for instance. It is always appropriate to seek sound advice from your financial advisor or tax advisor when reviewing new investments, ensuring that you stay clear of any potential for tax penalties or loss of tax efficiency.

    A SSAS can offer to those able to harness its power, the missing link to drawing together their entire personal economy and CREATING EXTRAORDINARY LEVELS OF COMPOUNDING WEALTH to levels of unprecedented calibre.

    The word Calibre is synonymous with quality and exemplary achievement. Take the incredible talent, innovation and precision in Horology, the study of watchmaking. Calibre is the term used for the inner workings or movement of the watch, as opposed to the protective casing. As an engineer I have always been drawn to the precision excellence of the design and manufacture of a watch calibre.  Within the hallowed halls of the premium brands of horological royalty such as Patek Philippe, Rolex, Audemars Piguet, Breguet and A. Lange & Sohne, there lies the crème de la crème of precision design and engineering. Simply stunning.

    The same level of superlative and exceptional performance can be held within the calibre of a person, organisation or process.

    The Collins English dictionary definition of Calibre is:
    The calibre of a person is the quality or standard of their ability or intelligence
    The calibre of something is its quality

    It is only fitting that the CALIBRE© MODEL defines the 7 core powers in deploying a SSAS with life changing and multi-generational impact. They are:

    C     -           Collaborate

    A     -           Acquire

    L     -           Loan

    I      -           Invest

    B     -           Borrow

    R     -           Resonate

    E     -           Educate

    • 25 min
    03 What is a SSAS

    03 What is a SSAS

    A Small Self-Administered Scheme (SSAS) is a pension Trust set up by a limited company or a partnership.  A SSAS is primarily set up by private and family run limited companies for the benefit of the owner directors and senior employees. The members are also Trustees and so have control and flexibility over the Scheme assets and investment choices in a tax efficient environment.

    The key features of a SSAS are:
    It is an occupational pension scheme
    The members are usually directors or employees of the sponsoring employer
    There is a limit of 11 members
    It is a highly tax efficient environment
    You have control of the investment decisions

    A SSAS is an occupational pension scheme established in the Finance Act 1973 and is usually, but not always, set up by the directors of a business. The directors may want greater control over the investment decisions for their pensions, especially the use of their pension plans, to invest back into their business or indeed other businesses, should they wish.

    A SSAS is registered with HMRC and so benefits from wide ranging and generous tax reliefs available to pension schemes. These may include, but not limited to:
    No Income Tax on allowable investments
    No Capital Gains Tax due on disposal of investments
    Company and personal contributions are deductible against tax
    Tax-free lump sum on death before retirement
    Tax-free lump sum from age 55 on retirement

    A SSAS is not an FCA regulated product and so the ‘wrapper’ or vehicle is not covered by the Financial Services Compensation Scheme (FSCS). However, the FSCS does cover any regulated investments held by the SSAS.

    Each member of the SSAS is a Trustee which is a requirement to comply with the Pensions Act 1995.

    A SSAS is a truly eye-opening concept that will leave you wondering why you didn’t know about it long ago, irrespective of what age you are!  And that can be a fear for many – they don’t know what they don’t know. 

    Being a Trustee of your own SSAS is similar in many respects to running your own business. In fact, it calls on exactly the same business acumen and tenacity and should not be something that should be feared. For sure, there are rules to learn and be followed, the same as in any walk of life.  However, once you have mastered the basics relatively quickly you will start to see the immediate benefits and experienced the feeling of freedom and control which will, I assure you, become intoxicating!

    The responsibility should not be taken lightly in setting up any business and a SSAS is no different in that respect. Embrace the knowledge and drive your own path towards an incredibly fulfilling future with the empowerment of a SSAS pension.

    • 30 min
    02 Your SSAS Alliance Enablement

    02 Your SSAS Alliance Enablement

    The SSAS Alliance is growing exponentially as more and more people are choosing to understand how they can responsibly take control of their personal economy including their pensions, through a SSAS.

    The Oxford English Dictionary defines ‘Alliance’ as a relationship based on similarity of interests and qualities

    Within the SSAS Alliance our mantra is ‘we are only competing with what we are capable of’ leading to unprecedented levels of collaboration between members and creating a unify force for good enabling those that have a need for funding to meet those that have a need for investment opportunity, to meet responsibly for the creation of shared value.

    Mark talks openly about his aspirations for growing the SSAS Alliance as it reaches out to 50,000 members by 2020 as a leading lighthouse for guidance, best practice and knowledge. The culture of the SSAS Alliance continues to evolve around transparency, due diligence, and an eyes wide open approach to responsible investing.

    • 24 min
    01 Taking Control of your Personal Economy

    01 Taking Control of your Personal Economy

    In this episode, Mark shares with you deep insights into what I learnt over a 26 year corporate C-suite career and how he used those skills to take control of his personal economy, helping thousands of other people and creating large scale wealth generation through collaboration, due diligence and accountability.

    Mark runs through is corporate background and the skills that have served him well as well as a personal insight into Mark – the father of 4, business man and investor and what makes him tick.

    He talks candidly about the profound impact that his business partners have had on him over the years including the positives and also reflecting on tragedies. Mark gives us a walk through into his journey into SSAS, the drivers, e the process and his experiences in unprecedented details – warts and all!

    It is clear that collaboration sits right at the heart of Mark’s value system – Creating Shared Value and he discusses ‘What is our size of the prize’ and offers a contrarian view on how you can create a double compound curve whilst establish control of your personal economy.

    A lifetime in industry around world ranging from construction, telecoms, power stations and data centres, Marks experience in risk management and £1Million to £1Billion global infrastructure deployments allows him to share intriguing insights into  being a catalyst of value creation, a force for good and the UN Environmental Social Governance, establishing stewardship of our economy and planet for future generations through effective leadership, duty of care and grounded bank grade due diligence.

    Mark closes with 3 final takeaways that can transform your destiny:
    Take control of your personal economy
    Be the bank – lead your investment fund through bank grade due diligence
    Understand what is YOUR size of the prize whilst Creating Shared Value for all

    • 42 min

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