By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “the risk of incurring an uncapped liability will be a cause for concern” The Government of Jersey has consulted on its proposals to extend the remit of the Office of Financial Services Ombudsman (“OFSO”) to pensions. It is also proposing to introduce a UK Pensions Ombudsman style framework for pension-related… 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). A seismic shift is coming to the local pensions landscape following the States decision to give secondary pensions the go-ahead and formal confirmation that the legislation has been enabled. The… Read More »
The closing date for applications for the 2023 Bursary is 24 March 2023. The BWCI Group’s undergraduate Bursary Scheme has been specifically designed to support local students wishing to study for a degree at university. As well as providing financial support, our students will participate in a structured training programme during their summer vacations, for… Read More »