By Holly Steele at BWCI holly.steele@bwcigroup.com “an effective way to support employee wellbeing” Group Critical Illness cover can add significant value to an employer’s wider portfolio of risk benefits, complementing arrangements such as group life...
By Warwick Helps & Jonathan Kemp at BWCI warwick.helps@bwcigroup.com & jonathan.kemp@bwcigroup.com “favouring investment wrappers that offer predictability, flexibility and control over the timing of tax events” Investment flows into offshore bonds...
By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “The IOM FSA confirmed that it intends to base the new provisions on the UK funding requirements.” In Issue 2 2025 of Bandwagon we reported on the Isle of Man Financial Services Authority’s (IOM FSA)...
By John Martin at BWCI john.martin@bwcigroup.com “the employers’ minimum rate only increases every two or three years.” The initial stage of the implementation of Guernsey’s Secondary Pensions framework is now complete. This required all employers to...
By Mark Colton at BWCI mark.colton@bwcigroup.com “a laudable direction of travel” Around the world for 80 days Lovers of Jules Verne’s classic will recall how victory was delivered from the jaws of defeat by the gaining of a day as he travelled the...
By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “embed climate and nature risks into existing risk management frameworks.” As climate change and nature loss increasingly shape the global financial landscape, the Isle of Man Financial Service...
By Amber Buckingham at BWCI amber.buckingham@bwcigroup.com “there may be changes in circumstances” The trust industry is a well-established part of the finance sector in the Channel Islands. Administered by trustees, a trust provides legal separation and...
By John Martin As part of the ongoing rollout of Guernsey’s Secondary Pensions, all employers and employees should be aware of an important update coming into effect on 1 January 2026; an increase in the statutory minimum contribution rates. This change is a legal...
“we were still seeing some deaths involving Covid 19 in 2024” A look back at 2024 The headline message is that overall mortality rates observed in England & Wales during 2024 were the lowest on record. They were just slightly below the previous lows...
“the proposals go much further than initially anticipated” Back in 2018 the Isle of Man Financial Services Authority (IOMFSA) published a discussion document inviting feedback on its intention to enhance the regulatory framework for private pensions and...
