Posts Tagged
Guernsey
Guernsey secondary pensions put enrolment into payroll governance
In June 2024, the US Social Security Administration documented Guernsey’s phased secondary pensions programme, citing local law and guidance. Employers with at least twenty six employees entered the first phase in July 2024, with smaller employers following under the published timetable. The programme supplements the State Pension and includes automatic enrolment for eligible workers, with opt out and re enrolment provisions. For multinational employers, the milestone illustrates how a
Generali sells Guernsey & Irish subsidiaries to LCCG
Generali in July 2018 sold Generali Worldwide Insurance Company and Generali Link to Life Company Consolidation Group (LCCG). LCCG is based in London and owns Utmost Wealth Solutions and Reliance Life. Utmost, a provider of international savings, protection and investment solutions into the UK, Continental Europe and Asia, operates from Ireland and the Isle of Man. It manages over £22bn of assets. Reliance Life is a London-based run-off manager
