The small self-administered pension scheme

Article Abstract:

Small self-administered pension schemes (SSAS) are used by over 40,000 directors of small- and medium-sized UK firms. While SSASs are similar to conventional insured pension schemes in that the benefits are the same to all members, they have the advantage that directors, who typically are the trustees of the SSASs, are responsible for managing SSASs and their investments. All contributions to an SSAS receive corporate tax relief, and up to half of the assets can be invested in the firm. An SSAS carries many advantages, including that it can make loans to the firm or its subsidiaries, buy property from the firm or the firm's directors, and invest in the firm's shares. The tax relief that accrues to SSASs makes them a tax-efficient source of funding for firms.

Pension funds, Defined benefit plans

---

Saving face in Japan

Article Abstract:

The increase in the number of British corporations that are being acquired by Japanese firms implies that managers of UK firms should learn to negotiate with the Japanese. Japanese negotiations are characterized by a fairly slow pace, and the negotiation process may take over 12 months to complete. Organizations can reduce the possibility of problems by taking such steps as establishing rules, and obtaining written agreements instead of relying on oral agreements. Corporations should discover the real intentions of the representatives of Japanese corporations as early in the negotiation process as possible.

Japan, International aspects, Negotiation, Negotiations, Corporations, Japanese

---

Similar abstracts:

• Abstracts: Getting the group to work. The power of prediction. Go fast, slow down
• Abstracts: The CA in the 1990s: the proposed education, training and examination system. Marking the Test of Professional Competence
• Abstracts: ATMs, POS and home banking developments in Japan. The smart card in France
• Abstracts: The errors in the variables problem in the cross-section of expected stock returns. The puzzle in post-listing common stock returns
• Abstracts: Personal equity plans: a positive approach. Portfolio Manager. Stockbroking: a profession in crisis

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.