Governance
- The oversight of the quality and integrity of accounting and reporting practices, controls and financial statements
- Reviewing performance of the internal audit function and the independent auditors
- Taking a forward-looking perspective on risk matters
- The oversight, quality and performance of the Risk Management and Compliance functions
The ARC membership consists of three independent non-executive directors of Mobius Life Limited.
We commission BDO LLP to conduct an independent audit to test our compliance with the AAF 01/20 internal control framework principles. Our annual company audit is performed by E&Y. Both audits conduct detailed sample testing across all aspects of the investment platform, with particular emphasis on the investment administration function.
In line with good industry practice, we operate a three lines of defence model with appropriate monitoring of processes and controls provided by the risk and compliance functions and assurance on the effectiveness of those controls provided by internal audit.
Diversity of the governing body
Mobius Life’s governing body has a Board Diversity policy in place to ensure composition of the Board displays diversity in its broadest sense, to enable it to benefit from a range of perspectives, insights and challenges to support good decision making. Recruitment to the Board is made on merit whilst seeking to ensure diversity of thought and experience.
Reporting and disclosures
Stewardship policy
Corporate social responsibility
Grant Thornton selects Mobius Life institutional investment platform
Platform to streamline administration and improve investment selection.
Grant Thornton has selected Mobius Life as independent investment platform for its pensions investment service. Mobius life will provide a complete investment administration service to Grant Thornton and their clients. By using Mobius Life, Grant Thornton will be able to help large and smaller schemes to implement and manage a successful investment strategy.
Grant Thornton’s clients will benefit from access to a wide range of funds and seamless investment administration service. The Mobius Life platform will enable Grant Thornton to reduce or eliminate transition management fees for many of its clients allowing clients to implement a new strategy early.
Peter Loughridge, Partner, Grant Thornton, said:
“We provide advice to trustees and sponsoring employers, tailoring our services to their circumstances. We specialise in simplifying complex issues around developing a successful investment strategy while managing and reducing risk. The Mobius Life Platform allows us to streamline investment administration, improve investment selection and therefore strengthen scheme governance.”
Adrian Swales, Chief Executive Officer, Mobius Life, said:
“Specialist investment solutions designed to keep pension schemes on track to meet their obligations have often only been available to the largest schemes. By using our platform Grant Thornton will also be able to deliver these services to smaller schemes. All schemes will now have access to solutions only previously available to the larger end of the market.
I am very pleased to welcome Grant Thornton to our platform. We are a completely independent business. This means clients will be able to access exactly the funds they need without the built in bias associated with fund manager-owned platforms.”
Grant Thornton has won numerous awards for its pensions advisory services. The firm was a triple award winner at the Management Consultancies Association awards 2015. It won the Top 50 Pensions Team of the year at the British Accountancy Awards 2014 and was the Advisor Turnaround & Transform winner at the Institute for Turnaround awards 2014.
-ENDS-
For further information, please contact:
Adrian Swales, Chief Executive Officer: 020 7847 3303
Mobius Life: [email protected]
Mike Lord: 07831 401 311
Lord Public Relations: [email protected]
Notes to Editors:
Mobius Life (http://mobiuslife.co.uk) is a UK life insurance company and institutional investment platform, established in 1996, with over £6 billion assets under administration. We deliver tailored investment administration and Life Company services to DB and DC pension funds, asset managers and other institutions. We enable our clients and their advisers to implement their investment strategies efficiently and cost effectively.
