Hanover Pensions Ltd.

SSASs v SIPPs

SIPPs (Self Invested Personal Pensions) have received considerable publicity since A-Day. Less is heard, however, of SSASs (Small Self Administered Schemes) despite the additional advantages which can be summarised as:

  • Potential lower costs
  • Full control (subject to legislation and trust law)
  • More flexibility
  • Greater investment opportunities
  • Less regulation

Put together with good back-up services where required and access to knowledgeable consultants, we believe that there is no equal to a SSAS for providing retirement and death benefits.

Profile of the Hanover SSAS team

Senior Consultant: Nigel Pocock BA

Nigel joined Hanover early in 2001 having previously worked with two leading firms of pension consultants in South Africa, in both a consultancy and administration capacity. Nigel specialises in Small Self-Administered Pension Schemes and is available as contact for all issues surrounding the day to day consultancy and administration of such schemes. He is also a director of the Hanover Trustee Company Ltd which acts as an Independent Trustee.

Director: Nigel Page M Phys

Nigel joined Hanover in 2005 having previously worked with a large life office and with an actuarial consultancy as a technical consultant. Nigel specialises in Small Self-Administered Pension Schemes and is experienced in advising on all issues surrounding the administration of such schemes.