Secondary pension requirements in Guernsey

We can help by making sure your company is compliant  with a local pension solution

What’s the requirements?

All Employers need to automatically enrol their Designated Employees and pay minimum contributions (see graph for details) into an Approbated Pension Scheme. Nearly all Guernsey and Alderney employees will be Designated Employees. The approach is similar to the UK Government’s establishment of auto-enrolment in workplace pension schemes.

Initially this had been effective for Employers with 26 employees or more, with a later phased introduction depending on the number of employees each Employer has.

How we can help

BWCI have been providing pension solutions to local Employers for over 45 years and provide a range of local, highly personalised, cost effective pension solutions to meet your requirements. We can offer:

 

  • A complete local solution through one of our existing Approbated pension products.
  • Flexible solutions for all companies; large, small, commercial and finance sector. 
  • Bespoke solutions for companies with complex needs.
  • Advice on how to make your existing pension arrangements meet secondary pensions requirements.

Delivering Pension Plan Solutions For Everyone

You can read more below about our Pension Schemes which are expected to be Qualifying Pension Schemes or get started today – With BWCI you can set up a scheme now and pay no contributions until you legally have to.

CI Retirement Plan
 

Blue Riband Channel Islands Retirement Plan

Guernsey RATS - Pension Fund Finder
 

Blue Riband Guernsey RATS for Employers