Guernsey Secondary Pensions Update

Lindsay Jefferies

Back in February 2016 the States agreed, in principle, to the introduction of a secondary pension scheme in Guernsey and Alderney. This is expected to be phased in over 7 years, beginning in 2020.

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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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