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Regulation of Jersey pension investment advice consultation

DepartmentEconomic Development, Tourism, Sport and Culture
Start date03/09/2021
End date30/09/2021
Type of consultationWhite paper
Deadline for comments30/09/2021

About the consultation

The Government of Jersey is seeking to amend the Financial Services (Jersey) Law 1998 to bring within the existing regulated investment business framework those businesses who are giving investment-type advice to consumers about Jersey pension products or private employer pension arrangements.

The Government has received views from industry representatives and the Regulator ahead of the publication of this consultation, and their views have informed the drafting of the relevant amending legislation:

  1. the Draft Financial Services (Amendment of the Law No. X) (Investment Business) (Jersey) Regulations 202- ; and
  2. the Draft Financial Services (Amendment of Schedules to Law) (No.3)(Jersey) Order 202- (the "Draft Amendments")

This consultation now seeks views on the draft legislation.

How to submit comments to the consultation

It's recommended that you download, complete, and submit this consultation response document. A privacy notice is included within the consultation document.

You can submit your comments to Charlotte Brambilla:

Charlotte Brambilla
Government of Jersey
Department for the Economy
19-21 Broad Street
St Helier
Jersey
KE2 3RR

Industry submission

Jersey Finance will be collating an industry response. To contribute, contact Lisa Springate:

Lisa Springate
Head of Legal and Technical
Jersey Finance Limited
4th Floor, Sir Walter Raleigh House
48-50 Esplanade
St Helier
Jersey

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