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Guernsey Publishes New Pensions Rules

by Jason Gorringe, Lowtax.net, London
05 July, 2017

Guernsey's financial services regulator, the Guernsey Financial Services Commission, has published new pensions rules, which form part of the island's new regulatory and supervisory framework for pension schemes.

The new framework and accompanying rules expand the range of regulated activities to include the formation, administration, and management of pension schemes. The framework also brings pension providers within the conduct of business rules, and makes new rules covering personal, occupational, and international schemes.

The framework and rules operate from June 30, 2017, and were developed to ensure Guernsey's supervisory regime conforms to international standards of pension supervision and regulation.

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