UK Independent Auditors – Pensions Regulator
UK Independent Auditors are not obliged to tell pension scheme trustees about intricate details regarding their schemes. Savers are ultimately responsible for checking and reviewing their own statements and making sure that things are as they expect.
It is essential that both auditors and trustees work together to review and understand the sensitive and important data that such reports provide.
A recent survey found that many trustees do not know the full facts surrounding the forms which may have been filled in by employers when their scheme was set up. These can include insurance policies, health care and other charges which may not have been brought up at the outset.
It is essential that UK independent auditors help clients as much as possible in the initial stages to have a grasp of what their exact scheme involves but also it is an important requirement of scheme holders to not rely solely on auditors to point out every last detail.
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- Worldwide Disclosure – HMRC and Living Overseas - May 21, 2019
- UK Tax Loan Scheme for Pilots Still Up in the Air - March 20, 2019
Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that enabled him to help so many clients over the years.
His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.
Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.
Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.