Death Rates Higher than Expected

By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “there are some concerning trends emerging.” Covid news still features prominently in the headlines on a regular basis, despite it being more than three years since the first Covid lockdown was...

Secondary Pensions: Construction Industry FAQs

by John Martin (Please contact John on 01481 728432 or email john.martin@bwcigroup.com if you wish to discuss this article or anything relating to secondary pensions). It will soon be a mandatory requirement for all local businesses – regardless of industry or size of...

Secondary Pensions – How much will it cost?

By Mike Freer at BWCI mike.freer@bwcigroup.com   Guernsey’s Secondary Pensions system is edging closer to being launched. After the States debate was unexpectedly deferred for 6 months from May to November last year, a draft of the Secondary Pensions law¹ was...

States confirm implementation date for Secondary Pensions

April 5, 2023 BWCI is encouraging employers not to delay their workplace pension arrangements, after the States have confirmed the implementation date of 1 July 2024 which will result in the biggest transformation to retirement savings the island has ever seen. The...

Leveraged – LDI

By Mark Colton at BWCI mark.colton@bwcigroup.com “The sheer scale of the problem caught pension schemes off guard” The now infamous “Mini Budget” in September 2022 sparked chaos in UK financial markets. The headlines were filled with dire warnings of...

BWCI’s Progress Towards Net Zero

Our Commitment: Net Zero Greenhouse Gas Emissions by 2030 BWCI’s carbon footprint reduced by 64% between 2019 and 2021 While BWCI has been adopting principles for sustainability in its business for a number of years, we formalised these in 2021 as part of our climate...

Jersey Pension Regulation Consultation

By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “the risk of incurring an uncapped liability will be a cause for concern” The Government of Jersey has consulted on its proposals to extend the remit of the Office of Financial Services Ombudsman...

Financial Reporting – its been an interesting year!

By Matt Stanbury at BWCI matt.stanbury@bwcigroup.com “challenging questions from auditors!” With so many companies having a 31 December financial year end, the pension scheme accounting season has been in full swing for several weeks now. The changes in...

I’m an employer, how do I choose a pension provider?

Business owners have hundreds of things to keep track of, so that’s why at BWCI Pension Trustees Limited (“BWCI”) we keep our pension plans straightforward and transparent. In fact, the burden on employers is much smaller than most anticipate, and the benefits to...