By Jonathan Kemp at BWCI jonathan.kemp@bwcigroup.com “a tectonic shift in insurance accounting” IFRS 17 Insurance Contracts, a new insurance accounting standard, represents a tectonic shift in insurance accounting. The implementation date of 1 January 2023 means that many companies are now only a few months away from producing their first annual financial statements under the… Read More »
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). The States of Guernsey have recently issued subordinate legislation in relation to Secondary pensions (“called the Secondary Pensions (Guernsey and Alderney) regulations, 2023”) and Statements of Practice which supplements The… Read More »
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 business – to enrol Designated Employees in an Approbated Pension Scheme and… Read More »
2023 Bursary Student We are delighted to announce that Lewis Rich has been awarded BWCI’s 2023 student bursary this year. Our bursary scheme, which has been operating for over 15 years, provides financial support throughout the student’s undergraduate studies, as well as a minimum of eight weeks’ practical work experience each year during university vacations.… Read More »
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). People often have misconceptions about retirement plans which can, unfortunately, end up damaging wealth in later years. That’s why we’re setting out some of the most commonly heard myths and… Read More »