Occupational pension schemes: assurance about internal controls
This ICAEW guidance aims to address any expectation gaps around assurance in the pension schemes sector. In particular, it looks at how internal and external audit can play a part in the governance of UK pension arrangements.
Assurance techniques can take many forms from self-assurance to independent assurance. This ICAEW guidance describes how independent audit assurance can play a part in the governance of UK pension arrangements, and in particular differentiates the roles of statutory audit and internal audit.