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Blogs & Insights

Great to see so many responding to TPR’s first DB code of consultation on DB funding

In January 2021, the Pensions Regulator (TPR) published its first response to its first defined benefit (DB) code of consultation on improving funding pension schemes that will lead to new legislation. There were over one hundred responses with thousands of comments. 32% of responses were from pension advisers and 21% were from pension trustees, with […]

Have You Pledged to Combat Pension Scams?

Have You Pledged to Combat Pension Scams? Pension schemes have lost a total of £31 million to scammers since 2017. On a more personal level, victims of these scams lose an average of £82,000 when targeted, an amount that could take 22 years to build up in a pension pot. To combat these scams The […]

Why cashing in a pension pot as Covid bites should be a last resort

Cashing in a pension pot People accessing their pension as a flexible income has increased by 56% since the first lockdown. This increase is due to people withdrawing after holding off when stock markets were volatile. However withdrawals of all types still remain below 2019 levels. With businesses now shut due to the third lockdown, […]

Our Virtual Christmas Activity

Our virtual Christmas activity Unlike previous years we have celebrated Assure UK’s 2020 achievements and rolled into our Christmas holidays virtually. Even though our Christmas activity would be different to previous years we felt it was important to come together as a team and have some fun. The team received their gift wrapped package at […]

Cybercrime guidance from PASA for pension administrators

Cybercrime guidance from PASA for pension administrators With millions of people’s pension data kept by pension administrators, the new Cybercrime guidance from the Pensions Administration Standards Association (PASA) is very welcome. The four critical areas covered are: Meeting legal and regulatory standards Understanding an organisation’s vulnerability to cybercrime Building and maintaining resilience Continuing critical functions […]

The Solicitors Regulation Authority (SRA) Accounts Rules AAF 03/20 one year on

The Solicitors Regulation Authority (SRA) Accounts Rules AAF 03/20 one year on One year on and so much has changed, with the effect of COVID-19 you have had to tighten your internal controls and now it is time to remind you of some key items you need to be SRA compliant. What changed within the […]

I’m Dreaming of a virtual Christmas!

I’m Dreaming of a virtual Christmas! It seems like a distant memory when the Assure UK team played Zorb football for our quarterly team activity, all of us within 2 meters of each other, running and crashing, trying our hardest to score a goal. Today our team activities are very different. Due to Covid-19 guidelines […]

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). The new code has now been effect for 2 months since coming into effect on 1 January […]

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