Getting the balance right

A profitable result of the increasing globalisation of the world economy is that investment and personal finance service providers have an ever-growing number of markets into which to sell. However, a correspondingly negative result of the global economy is that we face more competition than ever before. This is where Isle of Man-based companies have a big advantage for several reasons. One is the highly successful public/private partnership between the government and the island's life insurance industries. A second advantage is the balance the island has achieved between firm and cred...