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CoCo pops

By Mark Colton at BWCI mark.colton@bwcigroup.com “No bank maintains sufficient capital to pay all its depositors at once.” Like a tabloid journalist’s headline, “CoCo pops” was inevitable, albeit a million miles away from the sugary breakfast cereal. “CoCo”s are a type of investment, and some of them have imploded spectacularly. What are CoCos? A “CoCo” is… Read More »

Secondary Pensions: Retail 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 business – to enrol Designated Employees in an Approbated Pension Scheme and… Read More »

Press Release – New Fiduciary Director Anna Gray

Anna Gray We are delighted to announce the appointment of Anna Gray as a director within our Guernsey fiduciary business. Anna has extensive experience in the pensions and trust industry. She brings with her a wealth of knowledge and experience, with over 15 years’ practising as a lawyer in the UK and subsequently Guernsey. During… Read More »

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 business – to enrol Designated Employees in an Approbated Pension Scheme and… Read More »

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 finally debated and agreed at the end of 2022. This was followed by an… Read More »