Pension Scheme Financial Statements Analysis

Course Overview
This course provides a practical understanding of how to interpret and analyze pension scheme financial statements. Learners will explore the structure and key components of these statements, understand the role of trustees and administrators in financial reporting, and learn how to assess the financial health and compliance of pension schemes. By the end of the course, participants will be able to make informed decisions using financial data to enhance scheme governance and accountability.

Key Topics Covered

• Purpose and components of pension scheme financial statements

• Roles of trustees, administrators, and auditors in financial reporting

• Understanding contributions, benefits, and fund balances

• Analysis of income, expenditure, and investment performance

• Compliance with Retirement Benefits Authority (RBA) reporting standards

• Interpreting audit reports and identifying red flags

• Using financial statements for decision-making and scheme evaluation