Pension Schemes

Endor has been providing audit services to the pension sector for over 10 years, working with Pension Trustees and Administrators both on the Isle of Man and overseas.

We can assist with the preparation of statutory financial statements in compliance with the Statement of Recommended Practice (SORP) “Financial Reports of Pension Schemes” for both Occupational Pension Schemes and Self-Invested Pension Plans (SIPPs).

We hold the requisite professional indemnity insurance to meet the eligibility requirements prescribed by the Isle of Man FSA.

The primary legislation relating to pension schemes on the Island is the Retirement Benefit Schemes Act 2000. The requirement for an audit is determined by The Retirement Benefit Schemes (Domestic Schemes) (General Administration) Regulations 2004 for domestic schemes and by the Retirement Benefit Schemes (International Schemes) Regulations 2001 for international schemes.