News

Pensions Helpsheet

6th October 2017

As part of our ongoing commitment to World Investor Week, a global campaign promoted by IOSCO to raise awareness about the importance of investor education and protection, the GFSC is pleased to publish a Pensions Helpsheet, which can be found here.

The helpsheet highlights a number of areas which consumers should focus on when considering their pensions arrangements.

Gillian Browning, Director of Fiduciary Supervision, Policy and Innovations Division commented,

‘Pensions are the main savings route for retirement for the majority of people. Clearly pension arrangements have important long term consequences and therefore we hope that the Pensions Helpsheet will prove to be a useful guide.’  

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Notes for Editors

1. The International Organisation of Securities Commissions (“IOSCO”), is an organisation with nominated representatives from regulatory authorities from across the globe. With over 114 countries being members, there are several committees which provide advice to IOSCO’s General Secretariat.

2. The Guernsey Financial Services Commission (“the GFSC”) is a member of IOSCO and has a seat on Committee 4 which focuses on cross-border securities and law enforcement matters. Committee 4 is also the Screening Group for all new applicants who apply to become signatories to IOSCO’s Multilateral Memorandum of Understanding (“MMoU”).

3. From 2-8 October 2017, IOSCO securities regulators and other IOSCO members on six continents will provide a range of activities, such as launching investor-focused communications and services, promoting contests to increase awareness of investor education initiatives, organising workshops and conferences, and conducting local/national campaigns in their own jurisdictions.

WIW offers a unique opportunity for IOSCO members to work in collaboration with all investor education and protection stakeholders, at both the local and international level. www.worldinvestorweek.org

4. The GFSC is pleased to support IOSCOs campaign through a range of events and activities. Other activity this week includes a round table stakeholder breakfast on 3rd October where invited interested stakeholders heard more about a number of initiatives that the GFSC has recently instigated specifically in respect of retail investors and raising financial literacy.