As an employer or employee, are you ready for secondary pensions? No? Don't worry we're here to help.
Mike Freer from BWCI Ltd will be running through all the details, options and your questions on Secondary pensions at this Lunch & Learn event.
The Your Island Pension (YIP) scheme will be available on a voluntary basis from 1st January 2024 and secondary pensions will become mandatory for larger employers from the 1st July 2024. Over the following 15 months, there will be a phased approach for all other businesses to provide approved secondary pensions for their employees. The date from which this obligation will apply to individual employers will depend on the number of employees they have.
Mike is the Group’s Business Development Manager. He has responsibility for new business acquisition, marketing strategy and client relationship management.
Mike joined BWCI in 2013 and has more than thirty years’ experience in the financial services industry both locally, in the UK and internationally. He has extensive experience in all aspects of business development, especially in relation to financial planning and wealth creation products and services.
Established in 1979 the BWCI Group is the largest firm of actuaries and consultants in any International Finance Centre globally. We provide a broad range services to our clients based in the Channel Islands, the UK and internationally.
Both Guernsey and Jersey are widely respected as international finance centres with a comprehensive range of financial and investment services. They each have their own legislation and have strong but fair regulation and supervision. As a result the Channel Islands are an ideal location in which to conduct business.