The Company can set up a group type scheme for its Directors. This could be a Defined Benefit scheme or a Defined Contribution scheme. If the Directors wish to "influence" the investment stratgey of the scheme then a Small Self Administered Pension Scheme might be a solution.
However, no matter what structure is established, the scheme cannot acquire assets from the Directors. This would be in breach of the arms-length Revenue rules where property cannot be acquired from or rented to the Company or any of its Directors. All investment activity must be arms-length.
Whilst the SSAPS structure does allow the Trustees (Directors) to influence the investment of the fund, it must comply with Revenue rules in this regard:
arms length purchase and disposal
the fund cannot "trade" in property investments
cannot purchase holiday homes
purchase of overseas property is conditional
pride in possession articles not permitted (paintings, yachts etc)
With increasing regulation etc, this is an area where you need to seek professional advice.
What is a 'Small' self administered pension scheme?
I got some advice yesterday on a self administered pension scheme and was told that if I don't put at least 15,000 a year into it then it's not worth doing.