Isle of Man to promote international pensions sector

The recently formed Isle of Man Finance Partnership, through the government's Department of Economic Development, and the Isle of Man Association of Pension Scheme Providers (APSP) aim to increase the flow of pensions business and attract new pensions' practitioners to the Island.   Stuart Clifford, Chairman of the APSP, says of the joint venture, "The Isle of Man is unique among international offshore centres in having a dedicated regulatory regime for the managers of pension schemes and the schemes themselves. This regulation is distinct from the tax framework that governs the schemes ...