Global Vision, Local Wisdom
Global Vision, Local Wisdom
Guernsey and Jersey both released their 2019 budget proposals on 9 October. These will be debated in the relevant States later in the year.
Each island is proposing some changes that will affect pensions, although Guernsey’s list is rather longer than Jersey’s!
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Join us for the 17th Annual Mind Sports Challenge at Elizabeth College this October half term (29th Oct - 2nd Nov). The event is for students in school years 3 - 10. For further details about the event please see the Guernsey Mind Sports Facebook Page, email Jon at guernseymindsports2018@gmail.com or contact Tony Corfe: 07973 516718. Application form is available for download below.
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Many individuals will ultimately receive an income which is guaranteed to be payable for the remainder of their life. Most commonly this is in the form of a pension, whether it be an annuity purchased from an insurance company, or a pension payable from a defined benefit pension scheme.
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It is difficult to avoid discussions of the UK’s impending withdrawal from the EU, and this article must be prefaced with an apology to all readers who feel that they have read more than enough about Brexit over the last 2 years since the results of the referendum were announced. Here we take a different tack, and look at the potential impact of Brexit on insurance companies in countries outside the UK.
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With the increasing regulatory requirements for Defined Contribution (DC) pension schemes, it is easy for trustees to lose sight of one of their key objectives: “Is our scheme providing good member outcomes?”
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