Supervisory bodies and clients want clear accountability and insight into the management of the activities outsourced to Inadmin and the risks related to providing the pension administration. An independent opinion from an expert party on the quality of Inadmin’s processes and how it controls these satisfies this. Inadmin has an ISAE 3402 type II assurance report from an independent auditor.
This assurance report demonstrates that Inadmin presents a true and fair view of the control measures and their effect. The control measures described are also adequate in terms of set-up, existence and effect to achieve the control objectives included. This ISAE 3402 type II report means that Inadmin satisfies the outsourcing directive of De Nederlandsche Bank.