Occupational Pension Scheme (OPS)

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Occupational Pension Scheme
Version 8 - platform build 6.24 onwards

The updates within version 8 include:

  • Updated the Independent Auditors Report per the latest bulletin (August 2021), applicable to periods commencing on/after 1st February 2020 and correct the accounting references.
  • Correct issues with the new additional disclosures named Non-Import Custom Disclosures.
Version 7- platform build 6.24 onwards

The updates within version 7 include:

  • Auditors Report wording updated where a qualified opinion is provided and new ‘Key audit matters’ and ‘Going concern’ disclosures added.
  • Auditors Report wording updated where a qualified opinion is provided and new ‘Key audit matters’ disclosure added, found in the Audit Opinion disclosure dialog, and ‘Going concern’ disclosure added, found in the Other (Audit) Disclosures disclosure dialog.
  • Move Rounding, Scaling and Presentation option, now found in the Report Settings dialog on the Summary tab.
  • Option to edit the text and alignment of the Page Footers also added to the Report Settings dialog.
  • Added a Report Table Settings dialog on the Summary tab enabling you to edit the text and alignment of the table column headers.
  • New option for the presentation of signatories added to the Report Settings dialog on the Summary tab.
  • Updated the ignored words (spellings) list.
  • New additional disclosures added named Non-Import Custom Disclosures.
  • Added new journal classification ‘Prior Period Adjustment (Restatement)'.
  • Various fixes to issues with existing disclosures in order to improve the customer experience.
Version 5 & 6 - platform build 6.24 onwards

The updates within version 5 & 6 include:

  • Updated for amendments to the SORP for periods after 1 January 2019.
  • Audit Report updated per March 2020 Illustrative Auditor’s Reports Bulletin from the FRC.
  • Options added to indicate if report is audited or not and an Accountants Report added for unaudited pension schemes. Disclosures added to the Summary tab for the accountant details.
  • Various bug fixes.
Version 4 - platform build 6.15 onwards
  • Various bug fixes.
  • Chairman's Statement added.
Version 3 - platform build 6.15 onwards
  • Various bug fixes.
  • A horizontal signatory element has been added. Select the horizontal option from the relevant section in the Report Structure tab to display the signatories side by side.
  • The Auditor's Statement about Contributions and the Statement of Trustees' Responsibilities have been updated to comply with the Revision of Practice Note 15.
  • A new audit report has been added in accordance with ‘Bulletin: Compendium of illustrative auditor’s reports…’ from October 2016.
Version 2:
  • Platform build 6.10.7454 onwards
  • Note references to related notes now included in the Balance sheet.
Version 1:
  • Platform build 6.10.7454 onwards