BWCI Group is pleased to announce the acquisition of Polygon (Jersey) Limited and Polygon Pension Trustees Limited (Polygon Pensions), a Jersey based provider of personal and corporate pensions, trustee and administration services.
Clerical Medical have announced that they will be withdrawing from the final salary pension products market by mid 2028.
In Issue 2 2025 of Bandwagon we reported on the Isle of Man Financial Services Authority’s (IOM FSA) consultation on changes to the Retirement Benefits Schemes Act 2000. The proposed update to the pensions legislation focussed on strengthening the regulatory framework surrounding the funding and governance of defined benefit (DB) schemes. 11 consultation responses were received from a variety of industry stakeholders, including pension providers, insurers and legal advisers.