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 »
At BWCI we are committed to lowering our carbon footprint. We understand how important environmental sustainability is and have put in place several initiatives to help foster a sustainable workplace. Here are some of the changes we are making. Heating and energy systems Upgrading our heating and air conditioning systems has been one of… Read More »
By Hannah Rosumek at BWCI Group hannah.rosumek@bwcigroup.com “enable decision-making to be streamlined” The UK General Code of Practice came into force on 28th March 2024 and sets out the new governance requirements that are expected of a range of different types¹ of UK pension arrangements. Carl Stanford’s article in Issue 1 2024 provided a high-level overview… Read More »
By Stephen Ainsworth at BWCI stephen.ainsworth@bwcigroup.com “maintain Guernsey at the forefront of international pension provision” This cryptic title is the subject of a recent consultation by the Guernsey Financial Services Commission (GFSC). It responds to requests from Pension Service Providers (PSPs) in Guernsey to enable them to provide services through a Protected Cell Company (PCC).… Read More »