June 25, 2014
Larry Gibson
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Pension savers: Don't panic on negative returns
Bahamians were yesterday urged to “take the long-term view” and avoid knee-jerk reactions to the negative returns experienced by pension plans and other long-term savings as a result of COVID-19.Larry Gibson, vice-president of Colonial Pension Servic
‘Multiple compelling reasons’ for pension industry legislation
The US Foreign Account Tax Compliance Act (FATCA) provides “another compelling reason in a litany of compelling reasons” for the Bahamas to finally enact modern pensions legislation.
Pension providers enjoy ‘significant’ 100% inquiry rise
Pension plan administrators yesterday said they had seen a 100 per cent increase in employer inquiries over the past 12 months, describing the surge as “significant” given existing low participation levels.
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