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Blogs & Insights

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 […]

AAF Best Practice Guide: How to budget time and cost for AAF work

Assurance reporting can be painful for many individuals and may be the last thing you want to think about and plan for amongst countless other tasks. Pain points of planning ahead for your AAF report we have highlighted may include time consumption, unreliability, uncontrollability, a waste of time and many more! This is why we’ve […]

Trends: What’s coming up in Audit and Assurance

Corporate governance and audit reform are key areas that will lead to a change in assurance approaches. “A significant package of reform” is how Sir Jon Thompson, CEO of the FRC (Financial Reporting Council) described the important ‘Restoring trust in audit and corporate governance’. White Paper by the BEIS (Department for Business, Energy & Industrial […]

Getting the most from your pension auditor for a small mature scheme

If you are managing a small, mature pension scheme, why would you need a large auditor firm to perform a simple and compact audit? The answer is you don’t. Assure UK are a small and recognised pension audit firm who offer a dedicated team to perform your audit, year on year. We pride ourselves on […]

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 […]

Master Trust TECH 05/20 AAF and the Master Trust Supervisory Return

Master Trust TECH 05/20 AAF and the Master Trust Supervisory Return Master Trusts continue to grow as a ‘product of choice’ for employers meeting their automatic enrolment duties, there is now a legal requirement for all Master Trusts to be authorised with the Regulator undertaking ongoing supervision and oversight. Master Trust Technical Release has been […]

Smaller sized schemes: Does size really matter?

After the rollercoaster of a year last year, 2021 looks to bring us just as many twists and turns, especially in the pensions market. With the Government bolstering the powers of The Pensions Regulator (TPR), all eyes fall on the smaller sized schemes as the eventual crackdown on poor governance looks ever more likely. The […]

Pension Schemes to benefit from The Pensions Regulator Code of Practice

On 17 March 2021, The Pensions Regulator (TPR) published a press release calling for “industry views” to assist in making a “clearer, more accessible single code of practice”. With this in mind, they have opened a consultant which will focus on the draft content for the first phase of their new code of practice. The […]

Performing onsite testing from home | Assure UK

Like many others, government guidelines over the past year, have meant many of our team have been working from home. We wanted to update you on the measures Assure UK have implemented to ensure we continue to provide you maximum assurance on your internal controls. We understand that completing onsite testing is very important., Therefore […]

Spring Clean your Accounts

Spring clean your accounts! Clear out the dust and cobwebs from your pension scheme’s accounts. It’s time to tidy up those accounts and make the most of your time and energy. For homes, spring cleaning is something of a relic. Modern heating methods don’t leave behind the accumulation of soot that used to require deep […]

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