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… Read More »
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… Read More »
Stephen Ainsworth BWCI’s flagship Blue Riband pensions products have recently signed up to the Guernsey Association of Pension Providers (“GAPP”) Environmental, Social and Governance (“ESG”) Framework for Pensions. This framework recognises Guernsey pension providers which have embedded ESG into their processes and decision-making, an area BWCI has long viewed as a priority. The Framework introduces… Read More »
The countdown to the 1 July 2024 deadline for employers to implement secondary pension schemes in Guernsey is well underway. It’s not just a legal requirement, but a pivotal opportunity to enhance your employees & financial security in their retirement years. At BWCI Group, we have over 40 years of experience and offer a comprehensive… Read More »
By Anthony Brewer at BWCI anothony.brewer@bwcigroup.com “removing all headline investment risks for a well-funded scheme does not guarantee success” As discussed in my previous article “Pension surpluses – what now?”, many Defined Benefit pension schemes are now in a strong funding position following a dramatic rise in interest rates in recent years. This has led… Read More »