Unum 2006 Annual Report Download - page 182

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ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR
INDEPENDENCE
The information required by this Item with respect to certain relationships and related transactions and director
independence is included under the captions “Determination of Independence of Directors” and “Independence of
Directors” in the Registrant’s Proxy Statement for the 2007 Annual Meeting of Stockholders and is incorporated by
reference herein.
ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES
Audit Fees
The aggregate fees and expenses related to professional services rendered by Ernst & Young LLP for the fiscal year
audit of our annual financial statements and internal control over financial reporting, the interim reviews of the
financial statements included in our quarterly reports on Form 10-Q, and services provided in connection with
statutory and regulatory filings were $7,460,931 and $7,423,203, respectively, for fiscal years 2006 and 2005.
Audit Related Fees
The aggregate fees and expenses related to professional services rendered by Ernst & Young LLP for audit related
services, comprised primarily of accounting consultations, SAS 70 reviews, and audit related services for our
employee benefit plans, for fiscal years 2006 and 2005 were $753,136 and $687,088, respectively.
Tax Fees
The aggregate fees and expenses related to professional services rendered by Ernst & Young LLP for tax planning
during fiscal years 2006 and 2005 were $84,156 and $440,078, respectively.
Audit Committee Pre-approval Policies
The audit committee of our board of directors is directly responsible for the appointment, compensation, retention,
and oversight of the independent auditors. As part of its responsibility, the audit committee has adopted a policy
that requires advance approval of all audit, audit-related, tax services, and other services performed by the
independent auditor. The policy provides for setting pre-approval limits for specifically defined audit and non-audit
services. In pre-approving the services, the audit committee considers whether such services are consistent with
SEC rules on auditor independence. Specific approval by the audit committee will be required if fees for any
particular service or aggregate fees for services of a similar nature exceed the pre-approved limits. The audit
committee has delegated to the chair of the audit committee authority to approve permitted services provided that
the chair reports any decisions to the committee at its next scheduled meeting.