Global Vision, Local Wisdom
Global Vision, Local Wisdom
Local pension provider, BWCI Pension Trustees Limited has announced changes to its Blue Riband range of pension products to align with its commitment to sustainability and responsible investing. BWCI has also pledged to achieve net-zero greenhouse gas emissions by 2030.
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IFRS 17 Insurance Contracts, a new insurance accounting standard, represents a tectonic shift in insurance accounting.
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In the previous edition of Bandwagon we highlighted the emerging trend, which was identified in the second quarter of 2022, of the increasing number of “excess deaths”, relative to those expected based on the rates of mortality experienced in 2019.
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On 29 June the UK Prudential Regulation Authority (PRA) published a consultation paper (CP 12/23) on proposed changes to the Solvency II regime within the UK.
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BWCI is encouraging employers to get ready for the implementation of secondary pensions after the States approved subordinate legislation and issued supporting Statements of Practice.
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