BWCI Secondary Pensions Seminars

SECONDARY PENSIONS ARE ON THEIR WAY!!   BWCI are holding seminars on the 27th and 28th April to help you find out what your business should do.   Register here www.bwcigroup.com/tellmemore to confirm your place. You can also e-mail events@bwcigroup.com or telephone...

Secondary pensions announcement

The BWCI Group are pleased that the Committee for Employment & Social Security has submitted a Policy Letter outlining further details of the introduction of secondary pension system including Your Island Pension (YIP), the government-facilitated secondary...

Secondary Pensions – How much will it cost?

BWCI recently highlighted the timetable by which employers of different sizes were expected to be compliant with Guernsey’s Secondary Pensions requirements. This article focuses on the cost implications, as many employers are now looking at the potential budget...

Secondary pensions: the clock is ticking

It’s not unusual to want to bury your head in the sand when it comes to imminent change. But local employers in Guernsey won’t have the option to hide away when it comes to the introduction of secondary pensions in January 2023, subject to final approval from the...

Unlocking the Triple Lock

Following much media speculation over the summer about how the UK State pensions would be increased next year, the UK Government confirmed in September that it would be suspending part of its “Triple Lock” policy for 2022. In this article we take a look at the...

International Plan Membership

Most international plans are set up initially to cover the benefit provision for a specific group of employees. However, the needs of employers often evolve over time, reflecting both changes to the organisation’s structure and external influences. Consequently, it is...