The Pensions Regulator's Code of Practice No 9 ‘Internal controls’ sets out how occupational pension schemes should satisfy the legal requirement to have adequate internal controls in place. It also states arrangements and procedures should be put in place and followed to ensure safe custody and security of the assets of the scheme.
The Pensions Regulator has issued a short guide for trustees highlighting 5 simple steps to improving pension scheme administration.
The Pensions Regulator's Code of Practice No 13 on governance and administration of occupational defined contribution trust-based schemes.
The Pensions Administration Standards Association (PASA) is an independent body which sets standards for pensions' administration and provides help and guidance to enable companies to achieve them. Visit their website for more information.