By Mark Colton at BWCI mark.colton@bwcigroup.com “a laudable direction of travel” Around the world for 80 days Lovers of Jules Verne’s classic will recall how victory was delivered from the jaws of defeat by the gaining of a day as he travelled the globe, crossing the International Date Line (“IDL”) from east to west. Kiribati The… Read More »
By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “embed climate and nature risks into existing risk management frameworks.” As climate change and nature loss increasingly shape the global financial landscape, the Isle of Man Financial Service Authority (IOM FSA) has issued a comprehensive guidance document aimed at regulated firms, encouraging them to review their risk management strategies to… Read More »
By John Martin As part of the ongoing rollout of Guernsey’s Secondary Pensions, all employers and employees should be aware of an important update coming into effect on 1 January 2026; an increase in the statutory minimum contribution rates. This change is a legal requirement under Guernsey law, meaning all employers and employees must ensure… Read More »
“we were still seeing some deaths involving Covid 19 in 2024” A look back at 2024 The headline message is that overall mortality rates observed in England & Wales during 2024 were the lowest on record. They were just slightly below the previous lows observed in 2019, the last year before Covid 19 had such… Read More »
“the proposals go much further than initially anticipated” Back in 2018 the Isle of Man Financial Services Authority (IOMFSA) published a discussion document inviting feedback on its intention to enhance the regulatory framework for private pensions and their providers. It received 9 responses and published the feedback document in the second half of 2018, with… Read More »