Health Check Review of Administration Controls

If you are a Trustee or Pensions Manager and your pension scheme is administered either internally or by a third party, we can help you by undertaking a thorough review of your administration procedures, risk controls and system - a comprehensive 'Health Check'. Our Health Check is totally independent, can be undertaken either on or off site and provides a full risk review report.

The scope of the Health Check can be tailored to your requirements and help you comply with the Pensions Regulator Guidance on managing risks and internal controls. Typical areas for review include staffing structure, procedures, interfaces, security and fraud, communications, internal cost assessment and benchmarking against industry standards. If you are considering outsourcing to a third party administrator we can provide strategic advice and assist you to assess the market and suitable Third Party Administrators. Our advice and our review is ‘technology led’ and combines this key ITM skill set with our practical administration expertise.

Our review can include or be confined to a System and Process Review if required.

• Data Analysis (Risk Audit and Reporting)
• Data Cleanse and Imaging
• Data Migration and Implementation
• System Coding and Testing/Outsourced System Support
• Review of Third Party Pensions Administrator
• Health Check Review of Administration Controls
• System and Process Review
• Benefit Calculation Audit

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