"A Guernsey captive-based solution puts greater operational oversight and control in the hands of pensions trustees and their advisers than any other, while allowing the scheme to retain investment risk."
If multi national and international companies choose Jersey to set up their ISPs, they will be able to provide benefits to employees before the normal minimum pension age, which is currently restricted to 50 in Jersey.
The announcement follows the launch of the Department for Enterprise’s ‘Locate Isle of Man strategy,’ which outlines plans for promotion of the Island as a special place to live and work in order to grow the number of economically active
The Acting Prime Minister explained that the government is preparing Bahamians to take advantage of new opportunities in the tourism market by regulating and expanding Airbnb and related services, which is an area with great potential for boosting inclusi
“I think this is a period of transformation across the financial services industry, regionally, globally and locally,” Archer said.