- All
- Accounting
- Assurance
- Assurance
- Audit
- Blog
- Budget
- Business advisory
- Cyber Security
- Fraud
- General
- Governance
- Growth
- Innovation
- Internal Audit
- Investment Management
- Join Assure UK
- Latest News
- Pension Audit
- Pension Schemes
- Pensions
- Renewables Obligation
- Resources Sidebar
- Risk
- Security
- SORP
- Spreadsheets
- Sustainability
- Sustainability Audit
- Tax
- Technology
- The Pensions Regulator
- Uncategorised
- Uncategorized
Navigating the Revised ISA 315 for 2022 Audits: A Thorough Guide
The International Audit and Assurance Standards Board (IAASB) approved notable amendments to ISA 315 in September 2019, set to be in effect for audits of financial statements starting on or after 15 December 2021. These revisions symbolize a crucial shift in how firms approach risk assessments, impacting audits globally. In this guide, we will go…
ISAE 3000 & 3402
The demand for assurance to build up trust and endorse business relationships is global. To achieve this, international standard-setters have issued standards and guidance for non-audit assurance services. The key body being the IAASB – the International Auditing and Assurance Standards Board. One of the two most significant standards is the IAASB’s International Standard on…
Client Feedback Survey: A Summary
We believe that in order to grow, we need to retain clients as well as acquire new ones. We had a feeling our clients were satisfied with our service, evidenced by our regular online feedback survey which was giving us positive feedback and a high NPS (net promoter score). However, we wanted to gather more…
Add value to your members by offering them an MOT
The recent introduction of the enhanced digital Midlife MOT by the UK Government represents an essential change in the way retirement planning is approached. As the dynamics of work and life expectancy continue to progress, this action focuses on leading people of ages between 40 and 50 towards a more stable and prepared future. Louise…
Assure UK’s Audit team have been awarded the Pension Protection Fund’s (PPF) Trustmark
The Pension Protection Fund recognises the expertise and high level of service that firms such as ourselves provide. There are currently 29 panel firms working across six specialist panels. We are on the Audit Services Panel of which there are only 4 firms in the UK so we are very proud of this achievement. We…
Safeguarding Sensitive Data: The Significance of ISO 27001 for Pension Audit Companies
In today’s digital age, data breaches and cyber threats are lurking around every corner, posing a threat to businesses across all industries. For pension audit companies who are entrusted with sensitive financial information, ensuring data is safe is a top priority. This is where ISO 27001, the international standard for information security management, plays a…
The Pensions Regulator’s Annual Report 2022-2023: Safeguarding Pensions in a Shifting Environment
In a dynamic year marked by industry transformation and shifting responsibilities, The Pensions Regulator (TPR) has released its Annual Report and Accounts for 2022-2023. This is crucial document not only reflects the achievements of the regulator but also emphasizes its role in safeguarding pensioners’ interests among changing pension patterns. Over the past year, TPR has…
Strengthening Resilience in Liability Driven Investment Funds: A Regulatory Requirement
In the continuously developing environment of financial markets, the resilience of investment funds continues to be a predominant concern for both regulators and investors alike. This concern was accentuated in the past months by united statements from Central Bank of Ireland (CBI) and the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, collectively identified…
Pensions Regulator’s New Single Code of Practice
Single Code of Practice The pensions industry and retirement plans are constantly developing to ensure a secure and prosperous future for retirees. As part of this ongoing process, the Pensions Regulator is scheduled to release a new Single Code of Practice, aimed at optimising and improving the existing regulatory framework. The key aspects of the…
Data collection: Creating Financial Security for the Next Generation of Pension Savers
“Many working-age people may not realise just how much risk they are facing when it comes to ensuring financial security in retirement.” – Jonathan Cribb Becoming a data-led and digitally enabled industry is more important as we begin introducing the newest generation to pension saving. The shift towards a predominantly defined contribution (DC) industry has…
From Awareness to Action: Bridging the Gap in DC Pension Schemes’ Value
It’s an appropriate time for DC pension schemes to question whether they are providing value to members – particularly the smaller schemes. A recent survey revealed a lack of awareness around value and ultimately, failing to meet expectations set by The Pensions Regulator (TPR). Survey Results Undoubtedly, it is a challenge for smaller DC…
Trustees must not lose focus on protecting savers from economic volatility
Signs of recovery within some financial markets have emerged following last year’s economic turmoil; with the average loss in pension since the UK Government’s ‘Mini-budget’ being 4%, Trustees should remain focused on protecting their savers from economic volatility. Recent months have seen UK equities balance in value, but rising interest rates and high inflation continue…