Pension Schemes

Benefit from our dedicated Pensions Focus Group and come to expect more from your Audit team.

By focusing on the issues that are key to pension scheme audits we have developed knowledge and expertise in this highly specialised field. We recognise that pension schemes have particular accounting and regulatory issues to deal with and by having a team experienced in these issues we are able to provide you with an efficient audit service.

The Pension Focus Group is led by Robert Mackay and supported by experienced members of the Audit Skill Group, who are available to you at all times. We provide a range of services for our pension scheme clients covering:

• Preparation and audit of accounts;
• Review of Trustees’ Reports;
• Advising Trustees on the fulfilment of their statutory duties;
• Completion of SA970 Tax Returns;
• Submission of applications to The Pension Regulator for MFR extensions under Regulations 25 and 26 of the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations 1996.

Our Pension Scheme Clients

We currently have twenty-one pension scheme audits within our own client portfolio. These vary from small self-administered and earmarked schemes to larger defined contribution and defined benefit schemes.

In addition to our own portfolio we manage one scheme audit and provide specialist staff for another two audits for our associates, Horwath Clark Whitehill in London. The larger of these has over 2,000 active members and assets of £42m.

Strategic Relationships

Although entirely independent we are associated with Horwath Clark Whitehill (HCW), whose Association (HCWA) is a UK wide grouping of independent chartered accountancy firms. The London office has a dedicated Pensions group, whose clients include nationally known employer schemes and who run training courses and issue technical updates for the Association.

We believe that this association gives us and our clients the best of both worlds – we deliver the personal attention expected from a medium-sized firm, whilst providing all the backup support expected from larger firms.

For further information on our services relating to your industry, contact our partners using the menu on the right.