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Blogs & Insights

Fit 4 Feb Finale

The month over, and it is with great aplomb that we proudly announce the completion of Assure UK’s Fit 4 Feb challenge. We set ourselves the goal of walking a combined 2 million steps over the course of February and with 4 days remaining within the month, we surpassed that target, leaving us pondering over […]

Help from PASA with master trust transition guidance

Help from PASA with master trust transition guidance Guidance is available from the Pension Administration Standards Association (PASA) on how to make transition work best for members with the consolidation of master trusts. The Pensions Regulator (TPR) commented “Prioritising data as well as putting savers and employers at the heart, including keeping them informed, is […]

Future of Trusteeship and Governance

The Pensions Regulator (TPR) gave its response to Trusteeship and in particular the creation of more diverse trustee boards and sole trusteeship in ‘Future of trusteeship and governance February 2020′. The consultation in July 2019 focused on what could be done to raise standards amongst small pension schemes to protect the interests of savers in […]

Possible U-Turn on Pensions for High Earners

There have been many stories in the press about GPs and senior hospital doctors refusing to take on extra shifts and additional responsibilities due to the additional tax they are required to pay on the extra pension contributions paid by the NHS. A number of solutions have been put forward. There are now strong rumours […]

Three Tips to Improving Team Retention & Engagement

As the war on talent rages ever more fiercely, business owners know more than most about the challenges of finding and hiring key talent needed to deliver excellent customer service and grow the business. The start of a New Year is a time when usually stable team members, not only think about rebooting their fitness […]

AAF 01/20 replaces AAF 01/06 in 2020!

AAF 01/20 The keenly awaited update for AAF 01/06 became available in January 2020 with Control Objectives for administrators, investment managers and other data recording industry. Technical release AAF 01/20 replaces AAF 01/06 reporting for periods beginning on or after 1 July 2020. Early adoption is encouraged. The revised Control Objectives can be found in […]

Updating Your Knowledge on Assurance Reporting

One of the easiest ways of picking up more knowledge on assurance reporting and AAF controls is to read through the Introduction section of the 2019 consultation document for Technical Release AAF 01/06 (AAF 01/06), Assurance Reports on internal controls of service organisations made available to third parties. AAF 01/06 is a widely recognised assurance […]

AAF 01/06 Information Technology Reporting

Information technology uses and the controls over a business’s use of it to keep client data safe have developed beyond recognition in over a decade. Therefore, it is a welcome development to find in October 2019 that there was a completed consultation on the update to Technical Release AAF 01/06, Assurance Reports on internal controls […]

Government funding to help you prepare for customs changes

The Government has made £16m available to help businesses train staff in making customs declarations. It will also be available to support businesses who support others who trade goods to invest in IT. This funding will ensure that trade with the EU continues as smoothly as possible after the Brexit deadline. Businesses based in, or […]

Important business trends for 2020

The big business trends of 2020 are set to revolve around technology, mental health and the environment. As we head further into 2020, businesses will have to adapt in a world that places more emphasis on sustainable business practices. Firms that take care of their employees’ physical and mental health will attract more people. Technology […]

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