News
April 11, 2025
By Will Bean at BWCI william.bean@bwcigroup.com “2024 saw record low mortality rates” The Continuous Mortality Investigation (“CMI”) publish regular quarterly updates on the trends observed in mortality rates in England and Wales. Their analysis is based on the death data published by the Office of National Statistics (“ONS”) and the latest update provides some interesting observations…
April 4, 2025
By Mark Colton at BWCI mark.colton@bwcigroup.com “It is difficult to find a combination of acceptable investments that suits everyone” SPF Whether you favour winter slopes or summer beaches (or both), you’ll be reaching for the sunscreen. The SPF (Sun Protection Factor) is a handy number telling us how strong the stuff is. It is easy to…
April 3, 2025
By Chris Collier at BWCI chris.collier@bwcigroup.com “lifestyles and behaviours gradually change over time” The composition of the “basket of goods” used to quantify inflation provides an interesting, but perhaps not immediately obvious, insight into how lifestyles and behaviours gradually change over time. The December 2024 Jersey RPI figure is the first to be based on…
April 1, 2025
By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “likely to cause some concern for many trustee boards” The UK Chancellor’s speech on 29 January set out several strategies aimed at generating growth in the UK economy. One of the policy areas to be developed is to “introduce flexibilities for well-funded defined benefit schemes to release surplus funds…
March 26, 2025
Clair Le Poidevin, Managing Director of Orion Insurance. The BWCI Group is pleased to announce that it has acquired regulated insurance manager, Orion Insurance Management Limited. Orion acts as manager to two well-known local general insurance businesses; La Fraternelle Mutual and Foresters Healthcare. This acquisition diversifies our range of services by expanding BWCI’s insurance offering,…
March 12, 2025
Managing multiple pensions from different jobs can quickly become overwhelming. People now change jobs more frequently than in the past, when staying with one employer for an entire career was more common. As a result, you now may have several pension pots from previous employers. Even if they are with the same provider, they might…
January 23, 2025
At BWCI we are committed to lowering our carbon footprint. We understand how important environmental sustainability is and have put in place several initiatives to help foster a sustainable workplace. Here are some of the changes we are making. Heating and energy systems Upgrading our heating and air conditioning systems has been one of…
December 19, 2024
By Hannah Rosumek at BWCI Group hannah.rosumek@bwcigroup.com “enable decision-making to be streamlined” The UK General Code of Practice came into force on 28th March 2024 and sets out the new governance requirements that are expected of a range of different types¹ of UK pension arrangements. Carl Stanford’s article in Issue 1 2024 provided a high-level overview…
December 18, 2024
Many of BWCI’s flagship Blue Riband pensions products¹ have signed up to a local initiative which was launched last year by the Guernsey Association of Pension Providers (“GAPP”). The Environmental, Social and Governance (“ESG”) Framework for Pensions (the “Framework”) recognises Guernsey pension providers which have embedded ESG into their processes and decision-making. What’s involved? The…
December 16, 2024
By Stephen Ainsworth at BWCI stephen.ainsworth@bwcigroup.com “maintain Guernsey at the forefront of international pension provision” This cryptic title is the subject of a recent consultation by the Guernsey Financial Services Commission (GFSC). It responds to requests from Pension Service Providers (PSPs) in Guernsey to enable them to provide services through a Protected Cell Company (PCC).…
December 9, 2024
By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “the above average death rates are of some concern” The Continuous Mortality Investigation (“CMI”) has recently published its report on the mortality rates observed in England & Wales for the first nine months of 2024. The CMI’s analysis compares the mortality rates observed so far during 2024 with the…
December 2, 2024
We’ve moved! You will now find us at Osprey House, 5-7 Old Street, St. Helier, Jersey, JE2 3RF. With effect from 28 November 2024, our Jersey office is in Osprey House. BWCI Managing Partner, Michael McKay, said: “Our office in Kingsgate House has served us well over the last 21 years, but we hope that…