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Blogs & Insights

Providing your audit and assurance services better than ever from our homes

Remote working During these tough times of Covid-19, Assure UK understand the importance of continuing to deliver the services we promise to every one of our clients. Lockdown has allowed the team to adapt the procedures of our audit and assurance projects to maintain a smooth process from the comfort of our homes. Technology is […]

Why assurance teams should learn Python like they do excel

What is Python? Python is a general-purpose programming language which is notable for its relative readability and simplicity in comparison to other languages like Java and C++. As a tool, it has a gargantuan range of applications in the realms of data analytics, machine learning, statistical analysis and computer simulation. The reason for this being […]

New Code of Practice for Professional Corporate Sole Trustees of Pension Schemes

Code of Practice for Professional Corporate Sole Trustees of Pension Schemes A new Code of Practice for Professional Corporate Sole Trustees (PCSTs) of Pension Schemes was approved by the Council of the Association of Professional Pension Trustees (APPT) on 12 October 2020 which comes into effect from 1 January 2021. The Code of Practice sets […]

Pension Audit Pricing

How Much Is a Pension Scheme Audit Really Going to Cost? How much do Pension Scheme Audits cost? This, of course, is always one of the first questions a trustee has when starting the research process for a pension scheme audit. Here at Assure UK, I’d imagine we’ve received this question hundreds of times, likely […]

Opperman calls for pension schemes to invest in renewable energy

Pensions Minister, Guy Opperman, has called for pension schemes to increase their investments in renewable energy sources to help the UK achieve a net zero economy. In an essay series published by the Chartered Banker Institute and the Social Market Foundation, Opperman said that if the “productive power” of UK pension funds is “unleashed” by […]

Being cyber prepared: keeping your data secure when working remotely

Being cyber prepared Cybersecurity and the protection of member data has risen to the top of trustee risk registers. Many trustees will have had detailed training leading up to the introduction of GDPR in May 2018 and will have been through a wholesale review of their contracts, policies and procedures. Due to the nature of […]

Running effective virtual meetings

We have all had to adapt to working remotely and virtual meetings over the course of the past few months. Despite lockdown restrictions, many businesses have found ways to move their operations online, with all staff working remotely. This has given rise to an increased volume of virtual meetings on services such as Skype, Zoom, […]

Employers continue to meet pension duties despite COVID-19 challenges

While COVID-19 has changed the workplace, employers are being reminded that it has not changed their automatic enrolment responsibilities towards their staff. Newly published data highlights how The Pensions Regulator has supported employers through the upheaval caused by the pandemic. TPR’s quarterly compliance and enforcement bulletin shows how temporary flexibilities led to a 55% fall […]

Guidance on making wills using video conferencing

The Government is introducing legislation to allow people to use video-conferencing technology for the witnessing of wills being made. The legislation recognises that: An increasing number of people have sought to make wills during the Covid 19 pandemic, but for people shielding or self-isolating it is extremely challenging to follow the normal legalities of making […]

TPR scores highly in its 2019-2020 Annual Report and Accounts

It is food for thought as the Pensions Regulator (TPR) published its Annual Report and Accounts for 2019-20 (Report). In a period of the impact of COVID-19 and impact on the economy, there is still ‘business as usual’ with: Auto enrolment completed and over 10 million people in a qualifying scheme 38 master trusts have […]

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