An Investment Strategy is required for each fund and forms the basis for all trustees’ investment decisions in order to increase retirement benefits. Whilst the legislation doesn’t expressly state that the investment strategy has to be in writing, it’s difficult to establish to an auditor that you’re complying with the strategy when it’s not in a written form. The...More Info
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An actuary’s certificate provides the fund’s tax exempt percentage, which is calculating the proportion of the assets supporting the pensions for the year. Whether or not a fund is required to obtain an actuary’s certificate depends on the particular circumstances in that financial year. Generally, if a fund has a member accumulating benefits as well as assets supporting...More Info
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