Acting for Pension Schemes- An Update

The world of pensions is changing and challenging.

A new Pensions Scheme Act, a pensions bill and regularly changing advice and regulation from TPR.

This course will consider the practical implication of these changes and build on experience of the first years of compliance with new UK GAAP, and anticipate changes in audit requirements to be brought about by the revision of Practice Note 15.

• An overview of pension scheme regulation
  • The Pension Regulator
  • The Pension Protection Fund
• Accounting for pension schemes
  • FRS 102
  • The Pensions SORP and its main requirements
  • Practical problems
• Pension Scheme Investments including alternative investments and audit issues
• Contributions and funding
• The Employers Covenant
• Practice Note 15 and Auditing Issues
• Reporting and whistle blowing
• Winding Up
• Current Developments