We provide a comprehensive accounting and treasury service including maintenance of the Trustees bank account, investments, disinvestments, switches and benefit payments, policing of contribution/payment schedules and liaison with statutory bodies.

At year-end we prepare the Trustees Report and Financial Statements, in accordance with SORP/FRS17 requirements, and deal with enquiries from, and host site visits for, the auditors.

Our full range of accounting services is as follows:

• The receipt of contributions from the client payroll(s)
• Policing of the contribution/payment schedule
• Investment of contributions with the Investment Manager(s)
• The payment of benefits e.g. refunds, commutation, transfers etc.
• Bank reconciliation (monthly)
• Cash management
• The collection/payment of tax to the Inland Revenue
• Preparation of draft accounts for audit
• Liaising with the Investment Manager(s)
• Preparation of Trustees' Report and Financial Statements
• Completion of Self Assessment Tax Return
• Completion of Inland Revenue 1(SF)
• Management of audit process

Our audit process is considered one of the most efficient and cost effective in the industry according to our clients' auditors. This is largely as a result of our internally developed accounting package (PENFAX II), specifically designed for pensions accounting, together with the documentation we provide to the auditors, pre-audit visit.

Our current clients and those who audit their schemes increasingly endorse the quality of our service and processes and the manner in which we handle client accounts.

Indeed, according to one major accounting firm, HS is "the best TPA to deal with on accounts".