Outsourced Statutory Accounting Compliance For Pension Schemes

Trustees and administrators of pension schemes are increasingly looking for outsourced accounting support due to pressure to meet financial year end deadlines, annual audit preparation and ensuring statutory accounts are compliant with accounting standards and regulations.

Financial year end concerns

As your pension scheme's next financial year end approaches, the following may be causing you concern.

• Is there enough resource in my finance team to complete the statutory pension accounts before the audit begins?
• Am I up to date with the latest pension Statement of Recommended Practice (SORP)?
• There will be staff absences during the year end process; it would be great to have some ad hoc experienced cover during this time.