Call us on 020 7112 8300
Call me back Get in touch

Blogs & Insights

Agreed-upon Procedures: The value of ISRS 4400 (Revised)

Agreed-upon procedure (AUP) reports are used by a wide range of stakeholders for a number of different reasons. The demand of AUP engagements could be attributed to in part by the growth in regulations and the increase in accountability for funding and grants. The ISRS 4400 (revised), Agreed-Upon Procedures Engagements has been updated to keep […]

What Trustees can do to help protect members from pension scams

Pension Scams Throughout the COVID-19 pandemic, there has been an ever increasing number of pension scams targeted at members and their pension pots. As furlough begins to end, members may be more inclined to look at ways to cash in their pension early and this is a potential ‘gold mine’ for pension scammers. We have […]

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 […]

Helping you transition to the new AAF 01/20

Many pension schemes outsource aspects of the pension activities to third party administrators, these tasks range from pension payroll, accounts preparation, contributions collection and investment to name a few. AAF 01/20 has been developed to enable third party administrators to get independent assurance over relevant control activities. AAF 01/20 replaces AAF 01/06 and was effective […]

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 […]

1 2 3 4 30