SSAS
noun[C]
FINANCEukusabbreviationforsmallself-administeredschemeorsmallself-administeredpensionscheme: atypeof UKpensionfordirectorsofsmallbusinesses, whodecidethemselves howpaymentsareinvested:
Theadvantageof an SSAS over moretraditionaloccupationalpensionsis that thetrusteeskeepcontrolof the scheme'sassetsat alltimes.