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Where Taxpayers and Advisers Meet

Can one member take their share of a ssas

Tingly
Posts: 20
Joined: Fri Mar 17, 2017 12:12 am

Can one member take their share of a ssas

Postby Tingly » Fri Mar 01, 2019 5:31 pm

Good afternoon,

I have a half share of a ssas and am thinking of moving it.
Am i able to move my share whilst leaving my partner in it, or is it something we must do together?
Thanks

AnthonyR
Posts: 268
Joined: Wed Feb 08, 2017 2:33 pm

Re: Can one member take their share of a ssas

Postby AnthonyR » Mon Mar 04, 2019 9:46 am

You can transfer your share out into another registered scheme and leave your partner in as the sole member. Just be aware that there may be complications where the SSAS holds joint assets as your share will need to be transferred into the new scheme.
Anthony Rogers LLB CTA TEP
Fusion Partners LLP
anthony@fusionpartners.co.uk


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