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 »
By Ryan Hardiman at BWCI ryan.hardiman@bwcigroup.com “guidance aims to bridge the gap between regulatory expectations and current practice” EIOPA¹ provided guidance on running climate change materiality assessments and using climate change scenarios in the Own Risk and Solvency Assessment (ORSA) process in mid-2022. However, the timing coincided with a particularly busy period for many European insurers,… Read More »
By Claire Du Feu at BWCI claire.dufeu@bwcigroup.com “the hope is that it will engender a similar pensions savings culture on the island” As 1 July 2024 approaches, the secondary pensions compliance deadline for employers in Guernsey and Alderney with at least 26 employees, what can we expect from the introduction of the new legislation? What’s… Read More »
Michael McKay Michael joined the BWCI group in 2016 and was appointed a partner in 2017. He takes over from Diana Simon who has recently retired. He will continue in his role as CEO of the BWCI Group fiduciary business which focuses on the administration and trusteeship of domestic and international pension plans and will… Read More »
By Carl Stanford at BWCI carl.stanford@bwcigroup.com “scheme governance a key focus of the new code” What is expected to be the final version of the UK Pensions Regulator’s (TPR) “General Code of Practice” was published in January 2024. The pensions industry has been waiting for some considerable time for this document, with an earlier draft… Read More »