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Blogs & Insights

How much is an Assurance Report really going to cost?

How much is an Assurance Report really going to cost? It may be your first instinct that assurance reports are going to be an expensive process to complete but in the long term it will be of great value to your business and winning new clients. Here at Assure UK, it is one of the […]

Complying with the AAF requirements for the APPT PCST Code relating to sole trusteeships

The Relevant Trustee AAF 02/07 is used to create a specific assurance standard for Professional Pension Trustee firms (Relevant Trustees).The Relevant Trustee AAF 02/07 TECH 04/13 has been adopted as a quality standard for sole trusteeships by the Association of Professional Pension Trustees (APPT) whose principal objective is to act as the representative body of […]

New Code of Practice for Professional Corporate Sole Trustees of pension schemes

The new Code of Practice for Professional Corporate Sole Trustees of Pension Schemes (PCTSs) was published on 1 January 2021. The Code of Practice sets out guidance as to the processes and procedures which firms as acting as a PCST should implement and maintain these obligations falling on APPT members in relation to PCST appointments. […]

B1G1 – One year later

It has almost been a year since Assure UK fully implemented the Buy One Give One (B1G1) scheme into our everyday working life and what a year it has been. Giving back has been a part of Assure UK ethos for many years with a total of 4,789 impacts being made. We haven’t let the […]

What have we learnt upon completion of an AAF 01/20 report?

What have we learnt upon completion of an AAF 01/20 report? The AAF 01/20 replaced the well-established AAF 01/06 and became effective for periods beginning on or after 1 July 2020. The concept of producing an AAF 01/20 report remains consistent however control objectives have been updated to place more reliance on IT controls and […]

The Pensions Regulator welcomes updated Pension Scams Industry Group (PSIG) Code of Good Practice

Combating Pension Scams is at the forefront of Trustees’ decision-making to ensure their members’ funds are fully protected within their pension scheme. Since 2015, PSIG have developed and launched the Code of Good Practice. There have been updates over the years and from 1 April 2021 the latest version has been published, below are a […]

Top 10 tips for Best Practice in Maintaining your Risk Register

As a Trustee you have the responsibility to manage and minimise risks which may arise when running a pension scheme. By maintaining a risk register it enables you to identify risks which are required to be managed. The main focus for Trustees is to ensure that members’ benefits and scheme assets are not put at […]

How as administrators you can help Members avoid pension scams

Anyone can be a victim of a pension scam. What is a pension scam?   Essentially a pension scam is when a scammer tries to persuade a member of a pension scheme to invest their money into a high-risk investment fund potentially resulting in the loss of all of the members pension savings. It can […]

What is the Buy One Give One scheme (B1G1)?

You may have heard of the B1G1 project. Quite simply, it is a way for businesses to provide help and support to the most vulnerable people and environments in the world, just by getting on with the ordinary work we do every day. Originally called Buy 1 Give 1, B1G1 in a non-profit organisation based […]

The Solicitors Regulation Authority (SRA) Accounts Rules AAF 03/20 one year on

The Solicitors Regulation Authority (SRA) Accounts Rules AAF 03/20 one year on One year on and so much has changed, with the effect of COVID-19 you have had to tighten your internal controls and now it is time to remind you of some key items you need to be SRA compliant. What changed within the […]