Retirement Fund Financial Services
The retirement fund industry has changed significantly in recent years through regulatory amendments, changes to legislation and higher focus on those charged with Governance.
This industry has become more complex requiring specialized knowledge and understanding.
- Statutory audit of defined benefit, defined contribution, Pension, Provident, Umbrella, Retirement and Managed Annuity Funds;
- Agreed upon procedures report in terms of Section 15 of the Pension Funds Act of South Africa
- Evaluating the appropriateness of accounting policies and the regulatory reporting requirements for Retirement Funds in South Africa
- Corporate governance and regulatory compliance services;
- Factual findings report in terms of Exchange Control Circular D.427
Considering the recent financial crisis and its significant impact on the value of funds under management, the role of the auditor is paramount in ensuring accurate and fair financial reporting.
In this environment, trustees and administrators are focused on containing costs whilst obtaining quality service. Our audit methodology and dedicated audit staff ensure that these requirements are met in a precise and professional manner.
It makes perfect business sense!
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