Clerical Medical have announced that they will be withdrawing from the final salary pension products market by mid 2028. This means that the Clerical Medical Group Pension Contract will end and pension scheme trustees will need to make alternative arrangements for the actuarial and administration services currently provided as part of this contract. This affects… Read More »
By Anna Gray at BWCI anna.gray@bwcigroup.com “a range of sanctions, including in the most serious cases, substantial fines and imprisonment for criminal offences.” This is a summary only. Legal advice should be sought to understand the position in relation to any specific circumstances. The new duties on employers to auto-enrol staff into a pension scheme… Read More »
Our Commitment: Net Zero Greenhouse Gas Emissions by 2030 BWCI’s carbon footprint reduced by 64% between 2019 and 2021 While BWCI has been adopting principles for sustainability in its business for a number of years, we formalised these in 2021 as part of our climate pledge to achieving Net Zero Greenhouse Gas Emissions by 2030.… Read More »
By Holly Steele at BWCI holly.steele@bwcigroup.com “an effective way to support employee wellbeing” Group Critical Illness cover can add significant value to an employer’s wider portfolio of risk benefits, complementing arrangements such as group life assurance and group income protection. It provides employees with vital financial protection during life-changing health events, while offering employers an… Read More »
By Warwick Helps & Jonathan Kemp at BWCI warwick.helps@bwcigroup.com & jonathan.kemp@bwcigroup.com “favouring investment wrappers that offer predictability, flexibility and control over the timing of tax events” Investment flows into offshore bonds have increased substantially over the last year or so. The Financial Times reported that a record amount of £10.5 billion had been invested over the… Read More »