A policyholder protection scheme and a financial services ombudsman are two of the advantages of buying life products from providers based on the island
The advantages of investing in tax-efficient offshore wrappers are well known and regularly feature in the advice process. Any adviser seeking to recommend an offshore investment to a client will need to consider the merits of the various offshore jurisdictions. Criteria such as financial strength, regulation and experience will no doubt feature on any checklist. With more than 25 years' experience as an offshore financial centre, the Isle of Man has developed one of the largest and best respected bases supporting the offshore activities of insurance companies, banks and building societies...
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