Skip to main content

What is the difference between a SIPP and a SSAS pension?

A SIPP is a personal pension scheme usually set up by a pension provider or specialist. It is more restrictive than a SSAS because the providers don’t allow more entrepreneurial investments.
Chat to us today about your pensions.

Watch or listen to
SIPP v SSAS Pension:
10 key differences

Hosted by Kevin Whelan [Founder, WealthBuilders]
and Paul Brooks [SSAS Director, WealthBuilders]

Comparing SIPP and SSAS

a set of 20 pound notes


A SIPP or “self invested personal pension” is a type of individual personal pension, most commonly based around contract law.  They are regulated by the Financial Conduct Authority (the FCA).

The FCA stipulate that you must never be fully in control of your own SIPP scheme and by law, the professional Trustee must be, meaning that the eventual say over investments, retirement options and how you leave your scheme as a legacy is largely down to them.

a set of 20 pound notes


A SSAS is a type of occupational pension is based on a Trust Deed and law.

Unlike with a SIPP, you are both a Member of a SSAS and a Trustee, which puts you firmly in the driving seat of your pension and therefore in complete control, and able to make decisions about all aspects of investment choice, retirement options and how you pass on your pension as a legacy

WealthBuilders can help you review your current pensions and show you how to make them work harder for you.

" Quite simply if you are looking to explore the world of SASS by moving it from a corporate pension scheme or a SIPP you cannot do it without the invaluable advice of the team at WealthBuilders. I would have no hesitation in recommending them to anyone who is looking to explore the SASS set-up and having them there to provide sound knowledge and comfort along the way. "

Ian clout

The best-kept secret for business owners and property professionals to accelerate their wealth while maintaining control.

Helping you make the right decision

Full review of current pension(s) to help identify ways to reduce charges

High fees and charges can have a devastating effect on building your wealth. We will review and, where possible, identify ways for you to reduce your fees, often as much as 50%!

Helping you to decide whether a SIPP or a SSAS pension is the right fit for you

If you are a business owner or a property professional looking for maximum flexibility and control over your pension(s) then we will help you to make the right decision as to whether a SIPP or a SSAS pension is right for you.

Community of SSAS trustees to learn from

Join our free community of over 5000 existing SSAS trustees, and those exploring SSAS. Learn from other like-minded people and ask questions to help you understand the differences between SIPP vs SSAS pensions, so you can make an educated decision as to which one is best suited to your needs.

Have questions about your current pensions?