Guernsey has seen a surge of pension longevity risk transfer deals over the past 18 months which have continued through Covid-19 uncertainty.

Captive insurance companies are providing pension funds with a valuable avenue to the reinsurance market for transferring longevity risk, a newly-published white paper has reported.

The framework has been well received both locally and the wider pensions industry.

The coronavirus pandemic has already had a significant, direct impact on mortality rates worldwide. That is not surprising. However, market commentators*

Until 2006 non-UK residents who had historic UK pension entitlements could only transfer those funds offshore under certain limited circumstances which were usually linked to their employment.

Doom-laden critics have predicted that recently passed legislation portends a mass exodus from Guernsey pensions.

Guernsey is planning to introduce a voluntary code of conduct for QROPS providers based in the Island.

In the UK, in an attempt to counter the rising costs of an older population and ensure individuals are saving for the future, legislation has introduced "Automatic Enrolment" as a legal requirement for all UK employers.

Becky Butcher of Captive Insurance Times speaks with Carey Olsen's Christopher Anderson (CA) about Guernsey's significant growth in the use of incorporated cells.

The very latest thinking on Qualifying Recognised Overseas Pension Schemes (QROPS) will be examined at a series of seminars to be hosted by Guernsey across the UK this autumn.

When the proposed UK Finance Bill 2012 was published at the start of December it included draft legislation from Her Majesty’s Revenue and Customs (HMRC), The Overseas Pension Schemes (Miscellaneous Amendments) Regulations 2012, which has quite far reaching implications for Qualifying Recognised Overseas Pension Schemes (QROPS).

The changes to pension legislation implemented on ‘A’ Day in April 2006 introduced the distinction between registered and unregistered schemes where a distinction between approved and unapproved pension schemes had once existed.

In general terms, a lien is a right which entitles a party to hold on to assets in their possession pending payment of a debt owed.

According to Philip Beresford, the compiler of the Sunday Times Rich List, entrepreneurs and business professionals are leaving the UK at the rate of 10 a week.

Two recent cases in the Guernsey Royal Court – one relating to the variation of a settlement and one relating to the winding up of a trust - demonstrate the complex trusts cases

Margaret Snowdon OBE, Chair of the UK Pensions Scams Industry Group (PISG), is a campaigner who has worked for many years to prevent pension scams, protect the interests of those affected by them...

Tim Bush, Director at Carey Pensions & Benefits Ltd., examines how Qualifying Non-UK Pension Schemes (QNUPS) could help your clients.

Who would have thought that living longer could have such a negative impact? Here's why. It all started 80 years ago, when those that had survived World War Two...

Guernsey's new secondary pension law will be coming into force on 1 July 2024. It will be implemented on a phased basis over a 15 month period, beginning with the largest employers...

Although the Jersey tax approval regime was amended substantially with effect from 1 January 2015, the Finance (2018 Budget) (Jersey) Law (the " Budget Law")...