IFRS 17 – “Hard to Digest?”

BWCI Group

Following our previous article on insurance accounting, the International Accounting Standard Board (“IASB”) has at long last issued the final version of IFRS17: Insurance Contracts – a standard 20 years in the making.

The publication provides some welcome clarity and sounds the starting gun for what will require detailed preparation to achieve a successful implementation on 1 January 2021.

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Almost 900 years’ experience

BWCI Group

BWCI is pleased to report that our “10 year club”, which recognises the long-service of our team, is continuing to grow.

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BWCI signs GET Disability Charter

BWCI Group

BWCI is delighted to have signed up to the Guernsey Employment Trust (GET) Disability Charter.

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Guernsey Pensions Regulation – Gap analysis

Erin Bisson

Last year saw the States approve the introduction of a pensions regulatory framework. As part of this process, the Guernsey Financial Services Commission (“the Commission”) published The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity scheme Rules 2017 (“the Rules”).

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Guernsey Secondary Pensions

Michelle Galpin

Early January 2016 saw the publication of the long-awaited proposals for the introduction of a secondary pensions system in Guernsey. The proposals, which are scheduled to be debated by the States at their February meeting, would provide a retirement income in addition to the existing old age pension.

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