We work with clients with assets under management ranging from £10 million to £10 billion. Our pensions experience and expertise enables us to provide an efficient and bespoke service tailored to meet your needs. We work collaboratively with you and your advisors to ensure the necessary information is gathered and compiled within agreed time frames.
Our active involvement in the working party which developed the Pensions SORP and many other pensions sector committees, means that we have an excellent understanding of pensions accounting and regulatory developments. We use this understanding and experience to ensure that your annual report and financial statements comply with regulatory requirements and reflect industry best practice.
Our clients include:
You benefit not only from our specialist pension’s technical knowledge, but also our wider expertise with our Business Solutions and other teams. We provide a hand-picked team to ensure your needs are met.
A hybrid scheme with investments in excess of £1 billion prepared their annual report and accounts in house. The Scheme held investments with several investment managers and in a variety of investment arrangements. A global custodian was in place however their reports were not used during the preparation of the annual report and accounts. The complexities of investment arrangements and tight timescales for the approval of the accounts were putting a strain on in house resources.
The annual report and financial statements were delivered in accordance with the agreed timetable, allowing for a smooth year-end audit process.
The Trustees of a DC scheme with members in excess of 60,000 and investments in excess of £1 billion required quarterly management accounts. The scheme’s investments and administration function were performed by a bundled service provider who did not offer an accounting service. The Trustees were therefore looking to outsource the accounting function separately.
Management accounts were prepared for review at quarterly Trustee meetings. Trustees were able to monitor key transactions and balances on a timely basis, so any issues could be identified and resolved promptly, rather than as part of the year end procedures.
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