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Royal Bank of Scotland (RBS) has been ordered by the Isle of Man regulator to pay compensation to the family of a man following a mis-selling investigation.
The Isle of Man has been praised for its role in supporting the UK economy by the Lord Mayor of the City of London on the occasion of his first visit to the Island.
Natalie Hall has been appointed ‘Director of Marketing’ at Royal London 360°. Her new role means she will also join the company’s Executive Committee.
Other Isle of Man articles
Isle of Man-based Royal London 360° has revamped Quantum - its international regular savings product.
IFAs and their clients now have access to a Royal London 360° offshore bond via the True Potential Wealth Platform.
Friends Life has appointed John Van Der Wielen as Managing Director, International. International businesses Van Der Wielen will oversee include Friends Provident International (FPI) based in the UK and the Isle of Man.
The Isle of Man has received the Royal seal of approval for its Foundations Act. This latest piece of legislation adds to the Island’s offering as a centre for international wealth management, and puts it ahead of other centres who have still to usher in its Foundations law.
International credit rating agency Standard & Poor’s has lowered its sovereign ratings for the Isle of Man and Guernsey to AA+.
Retirement Planner’s roundup of the top pension stories.
Isle of Man’s Chief Minister Allan Bell has welcomed an evaluation carried out for the G20 which includes the island in a list of countries “strongly adhering to international standards of co-operation and information exchange.”
The Isle of Man (IoM) is launching an international publicity campaign to encourage British expats to domicile their pensions in its jurisdiction.
Two Manx associations have joined forces to increase the promotion of the Isle of Man as a leading domicile for international pensions.
Former Treasury and Economic Development Minister Allan Bell has been appointed as the Isle of Man’s new Chief Minister. He takes over as leader of the Manx Government from Tony Brown, who has now retired.
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