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 finally debated and agreed at the end of 2022. This was followed by an… Read More »
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 economic conditions over the last year mean that defined benefit pension schemes’ liabilities are looking materially different from… Read More »
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 workers are often life changing. The key word in all of this… 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). After 10 years in the making, secondary pensions have been approved by our deputies at the November States meeting. In addition, the legislation has now been formally enabled from 1… Read More »
NEW! Secondary Pensions Announcement