Starting Point Employment Law Guide - Guernsey Pensions

Carey Olsen Starting Point Guides are intended as a general introduction and guide to different aspects of Guernsey law.

They contain many of the most important issues that we come across but are very much the edited highlights of those issues. If you would like legal advice in relation to any specific circumstances, please contact us.

Guernsey

Guernsey is part of the Channel Islands and is a British Crown dependency.

It has its own financial, legal and judicial systems and its own parliament. It is not part of the UK or the European Union.

Is there specific legislation in Guernsey relating to pensions?

Guernsey has no specific pension legislation. However, Guernsey pensions and pension schemes have their own local tax approval regime which is contained in the Income Tax (Guernsey) Law 1975, as amended (the "Guernsey Income Tax Law"). Furthermore, a new regulatory and supervisory framework for pension schemes and their providers is currently being put in