Master Trusts are a prominent feature of the pensions landscape and are frequently the product of choice for employers looking to enrol their employees into authorised pension arrangements.

Our Pension Funds group has taken a leading role in the Master Trust landscape and is seen as an authoritative voice in regulatory and assurance arrangements that underpin a well governed scheme.

Shared knowledge

Chaired the working group responsible for delivering the latest ICAEW Master Trust assurance framework, in collaboration with the Pensions Regulator.

Disseminate information

Working together we continue to contribute to PRAG whose insights include guidelines around complex Master Trust accounting and disclosure.
Chaired the working group responsible for delivering the latest ICAEW Master Trust assurance framework, in collaboration with the Pensions Regulator.
Working together we continue to contribute to PRAG whose insights include guidelines around complex Master Trust accounting and disclosure.
In an ever-changing landscape, we at Crowe are here to support your needs, whether it be the provision of dedicated Master Trust assurance services to help demonstrate the presence of robust governance controls, or support in important areas of stewardship.

Our in-house expertise combines dedicated defined contribution and Master Trust regulatory experience with specialist assurance services.

We blend skills from across Crowe’s specialist team to help Trustees address key risks.

Master Trust Assurance

Reporting in accordance with TECH 05/20, incorporating gap analysis of Trustee Board control activities and alignment with Supervisory requirements.

Cyber Security Risk Analysis 

Including support from our Forensic Services team who work with a range of schemes ensuring you understand and meet governance and regulatory requirements.

Bespoke Assurance

Agreed upon-procedures to support Trustee monitoring and oversight of outsourced governance functions, for example IT infrastructure, and other regulatory reporting duties.

Master Trust Assurance

Reporting in accordance with TECH 05/20, incorporating gap analysis of Trustee Board control activities and alignment with Supervisory requirements.

Cyber Security Risk Analysis 

Including support from our Forensic Services team who work with a range of schemes ensuring you understand and meet governance and regulatory requirements.

Bespoke Assurance

Agreed upon-procedures to support Trustee monitoring and oversight of outsourced governance functions, for example IT infrastructure, and other regulatory reporting duties.

Compliance and Assurance services

Providing Trustees with tailored assurance reporting and Agreed Upon Procedures services where independent assurance provides robust reporting around key areas of governance.

Internal Audit

Our specialists will provide you with assurance that your internal controls are operating effectively. They will work with your audit and risk committee to develop an assurance programme and enhance your governance framework.

Pension Fund VAT issues

Obtaining VAT registration, recovering VAT on costs incurred and reducing costs by improving the efficiency of their VAT arrangements.

Compliance and Assurance services

Providing Trustees with tailored assurance reporting and Agreed Upon Procedures services where independent assurance provides robust reporting around key areas of governance.

Internal Audit

Our specialists will provide you with assurance that your internal controls are operating effectively. They will work with your audit and risk committee to develop an assurance programme and enhance your governance framework.

Pension Fund VAT issues

Obtaining VAT registration, recovering VAT on costs incurred and reducing costs by improving the efficiency of their VAT arrangements.

Let's talk

Together with our technical excellence, our team's strength and depth enable us to offer independent and constructive challenge to deliver beneficial changes for our clients.