The Isle of Man Insurance and Pensions Authority (IPA) has succeeded in pushing its new retirement be...
The Isle of Man Insurance and Pensions Authority (IPA) has succeeded in pushing its new retirement benefits scheme legislation to the next stage. Following a lengthy consultation process, it is expected that the bill will be presented to the Isle of Man government after 25 January 2000 when the Tynwald resumes following the Christmas recess. The bill has two broad objectives - to increase protection for members of domestic retirements benefits schemes and to encourage international schemes to migrate to the island. If it is passed, schemes will have to be authorised so as to avoid harsh m...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
