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English definition of “SSAS”

SSAS

noun [C]
 
 
FINANCE
abbreviation for small self-administered scheme or small self-administered pension scheme: a type of UK pension for directors of small businesses, who decide themselves how payments are invested: The advantage of an SSAS over more traditional occupational pensions is that the trustees keep control of the scheme's assets at all times.
(Definition of SSAS from the Cambridge Business English Dictionary © Cambridge University Press)
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