Robust procedures
Trustees are able to dedicate the day-to-day running of pension fund administration to a third party, but they remain ultimately responsible for how well the scheme is administered. Consequently they need to be secure in the knowledge that their administration is supported by robust procedures and system controls.
Punter Southall has formal quality control procedures in place which document all our major administration activities. We operate within a framework of mandatory verification procedures for administration calculations which aim to avoid any calculation errors.
Download Punter Southall’s Pension Administration Assurance Report on Internal Controls (AAF 01/06).
