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Pension and retirement fund audits

The retirement and pension funds industry faces constant regulatory changes, including enhanced reporting, actuarial guidelines, and greater emphasis on governance, risk management, and compliance. PKF VGA has extensive experience supporting both retirement funds and administrators, with a strong skills base in South Africa and globally, and deep knowledge of industry operations.

We perform full-scope statutory audits as required by the Pension Funds Act, Agreed Upon Procedures under Section 15, audits of Schedule IB Assets in line with Regulation 28, and prescribed procedures mandated by the Reserve Bank. Our cost-effective, risk-based audit approach helps management meet governance obligations, ensure regulatory compliance, and protect stakeholder interests.

Retirement fund audits are more than routine checks—they safeguard the integrity and performance of pension schemes. At PKF VGA, we champion compliance, transparency, and optimal fund performance, knowing these are vital to securing the future for countless beneficiaries. Our specialised audit services are delivered to the highest standards of accuracy and reliability, giving you and your stakeholders peace of mind that your funds are in expert hands.