A review of TPR’s Internal Controls code of practice is underway. A questionnaire has been published on TPR’s website and views are sought from the pensions industry on the content, format and relevance of both the code and the related guidance.
The Internal Controls code and its supporting guidance, published in November 2006, are designed to help trustees and managers of occupational pension schemes to meet legislative requirements. They outline TPR’s expectations in relation to the assessment of scheme risk, implementation and review of adequate internal controls.
Access the questionnaire