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 […]
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 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 […]
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 […]
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 […]
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! 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 […]
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 […]
With a growing market in DC Master Trust employers now have a greater choice in where to invest their employee’s pension contributions. The PMI Master Trust Working Group have published a report on the link between good governance and strong member outcomes for DC Master Trusts (15 October 2020). There were some great examples of […]
Tackling climate change, Protecting pension pots and Funding Defined benefit (DB) schemes are the three key areas highlighted in the blog by David Fairs, Executive Director of Regulatory Policy, Analysis and Advice at TPR (The Pensions Regulator). Climate change “Unfortunately, in this area, as in most if not all areas of life, there is no […]