Guernsey
Best Practice | 4 May 17
Guernsey overhauls pension framework to match int’l standards
Guernsey has announced plans to overhaul its regulatory regime for pension product providers to bring it closer in line with the current international best practice standards.
EEA ‘death bond’ investors receive $54.5m payout
Investors in the ill-fated EEA Life Settlements Fund will receive a $54.5m (£42.1m, €49.9m) payout for their shares in the so-called ‘death bonds’.
Investment | 10 Apr 17
EEA ‘death bonds’ investors urged to cash out
Investors in the ill-fated EEA Life Settlements Fund have been told it could be more profitable for them to sell off remaining policies in the fund than hold them to maturity, according to David Trinkwon, coordinator of the EEA Investors Group.
Skipton Int’l to launch offshore savings accounts paying 1.6%
Guernsey-headquartered Skipton International is launching a new three-year fixed rate offshore savings account, promising to pay an interest rate of 1.6% gross per annum.
Tax & Regulation | 4 Apr 17
Jersey investors better protected by ombudsman than Guernsey
Retail investors in Guernsey do not have the same right to redress as their Jersey counterparts, Channel Islands ombudsman Douglas Melville has confirmed.