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The Fiscal Responsibility Panel report reviewed the evolution of the all-important debt/revenue ratio under different scenarios — and also included a projection based on the recommendations of the Tax Reform Commission being implemented by Government...

An increase in taxes is far more likely to be in our future than meaningful cuts to government expenditures, with the exception of government’s intention to trim expenses by identifying more efficient ways of delivering on its obligations. The island...

KPMG in Bermuda has announced that three of its young Bermudian accountants have earned CPA designations. Danielle Richards and Chelsy Furtado earned designations as Chartered Professional Accountants, and Brianna Buchanan has earned a Certified Prof...

Ascendant Group Ltd is considering putting itself up for sale — and one potential buyer has already revealed an interest. Twenty First Century Utilities, the US company that had a bid for Ascendant turned down last April, would consider trying again ...

In the second of a five-part series examining the impact of the ageing of Bermuda’s population, we look at the outlook for pensions. Bermuda’s shifting population demographics have serious implications for the future long-term economic prospects of ...

A lead figure in a fintech company that was the first to be approved to launch an initial coin offering in Bermuda under the island’s new regulatory regime, has a history of court judgments and tax liens against him in the US. A new report by the Of...

Tackling Bermuda’s myriad financial challenges is no longer the responsibility of Bob Richards, the former minister of finance who authored the book Bermuda Back from the Brink. But the former politician, now retired, has some advice for the current ...

Tracey Spevack has joined law firm Conyers Dill & Pearman as head of Conyers Corporate Services (Bermuda). Mrs Spevack will be responsible for providing leadership, direction and management and overseeing the day-to-day operations of the business. ...

By April, Government is expected to announce its plans for reforming the way that healthcare is financed in Bermuda. The Health Financing Reform Steering Committee has, since June of last year, been consulting with stakeholder bodies about two finan...

Representatives of two leading island health insurers have backed calls for changes in the way that medical services are regulated and delivered in Bermuda. John Wight, chief executive officer of BF&M Ltd, agreed with a recommendation by the island’s...