We take immense amounts of pride in our work and we aren’t shy of the numbers! All members of our pensions team are experienced, having been specially selected because of their numerate background and enquiring minds.
The Kreston Reeves pension team
Our specialist pension team acts for a broad range of Occupational Pension Schemes, helping Scheme Trustees to fulfil their statutory obligations. We have a keen understanding of the hot topics in the industry and the level of risk involved.
The team have extensive experience preparing and auditing Pension Scheme accounts and can carry out one-off exercises, such as testing and advising on internal control systems, or reviewing the accuracy of membership records.
Our clients range from small legacy Schemes set up by private limited companies, through to 3,500+ member Schemes of listed sponsoring employers.
We ensure there is a high level of partner, manager and experienced senior level staff involvement throughout the audit process. This ensures a smooth communication process with administrators and minimises the risk of queries arising at a late stage. Any issues are addressed swiftly to avoid setbacks or lengthy file review periods. We take pride in preparing a comprehensive Management Recommendations Report for the Trustees attention at the end of every audit.
Scheme accounts preparation services
We are accountants at heart, so by applying our in-depth pensions knowledge gained from our audit background this means that preparing pension scheme accounts is second nature to us. Due to ethical independence issues scheme accounts sometimes need to be prepared and audited by different firms.
As part of our accounts preparation service we share our comprehensive accounts working papers with the administrators and the scheme auditors.
Pension scheme audit services
We offer a tailored audit approach specific to the design and set-up of each Scheme we act for. We have fine-tuned our process to run as smoothly and efficiently as possible. The active involvement of experienced senior staff throughout the process minimises the risk of queries arising at a late stage.
We have an eye for detail, and our audit findings reports in particular are often more insightful than just the headlines you might expect to see. We hear too often that pension scheme auditors add no real benefit – we like to think our clients would disagree.
If you would like further information about our Pension audit and assurance services, please contact one of our experts.