APPT demands action as sponsor auditors make 'excessive' requests to schemes

James Phillips
clock • 1 min read

Trustee time and resource is being eaten up by excessive requests for scheme data from company auditors, according to the Association of Professional Pension Trustees (APPT).

Short turnaround periods are being offered with "no consideration" for the necessary agreements needed to secure data from third parties, while legal relationships are disregarded. In a letter t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

Hymans publishes checklist to assist DB schemes with run-on

Hymans publishes checklist to assist DB schemes with run-on

Firm said it will help schemes establish plan for run-on as they face ‘constantly shifting regulatory landscape’

Holly Roach
clock 02 July 2025 • 2 min read
PLSA rebrands as Pensions UK and launches strategy for next ten years and beyond

PLSA rebrands as Pensions UK and launches strategy for next ten years and beyond

Organisation said pensions sector is entering ‘defining period’ of structural change

Holly Roach
clock 02 July 2025 • 3 min read
IFS: 'Decisive action' required to tackle challenges facing UK pensions system

IFS: 'Decisive action' required to tackle challenges facing UK pensions system

Organisation outlines proposals to tackle four key areas to boost retirement outcomes

Martin Richmond
clock 02 July 2025 • 6 min read
Trustpilot