Audit BVG Pension funds

With the aim of improving the audit quality of pension funds, the Supervisory Commission on Occupational Pensions (OAK BV) has issued a new directive on "quality assurance in audits according to BVG" and defined minimum requirements for the auditors. The directive entered into force on January 1, 2017, whereby a transitional period of two years is applicable for certain requirements. New minimum requirements for the lead auditor:

  • Practical audit experience in occupational pension plans of 50 chargeable audit hours per calendar year;

  • Technical training for four hours per calendar year.

BRAG fulfills the new minimum requirements of OAK BV and has many years of experience in the audit of pension funds. Please contact us if we can provide you with further information

Cornelia Avenell