Not sure about elsewhere on the globe, but in Australia the sim program actually takes care of all your recency requirements and your Instrument Rating (depending on your CASA approval).
For example, where are company has an approved program (perhaps check every 3-4 months), then all elements of IR renewal are built into the program (as well as all the other proficiency aspects which much be checked twice annually). Participants in the program are not subject to the recency requirements of approaches etc. (ie. - 35 days for an ILS and 90 days for other approaches), the presumption being that the pilot is maintaining sufficient levels of proficiency and is being checked on that proficiency more frequently. Instrument Ratings are re-issued without a requirement for additional testing.
Centaurus - if you think you've got it bad - my aircraft's autopilot isn't certified for single engine approaches! We spend most of our time in a cyclic hand flying the thing!