Isle of Man

The Isle of Man Association of Pension Scheme Providers (APSP) has stated that the Isle of Man will continue to monitor the situation before any decision on changes to QROPS legislation is made.

Boal & Co has been forced to de-register its Isle of Man-based Trinity QROPS from 4 April. The move is due to Isle of Man tax legislation not changing in time for the 6 April 2012 transition to comply with new HMRC regulations.

Friends Life will continue to ‘regionalise' it's international operations and capitalise on RDR achievements to comply with increased regulatory constraints globally, confirms John Van Der Wielen, managing director of the firm's international businesses....

The Isle of Man Government says it has been working on a 'number of options' to cope with potential changes to the Qualifying Recognised Overseas Pension Scheme (QROPS) regime announced by the UK government last year and due to come into force on 6 April...

Isle of Man-based private client investment house, Thomas Miller Investment, is to open an onshore private client business in the UK.

The Isle of Man Government's Department of Economic Development is opening a representative office in Singapore. The office will allow increased engagement and strengthening of commercial relations in both Singapore and the wider Asia-Pacific region....

Offshore bond providers are shifting their new business focus away from jurisdictions such as the Isle of Man and towards European jurisdictions, Epoch Wealth Management has said.

The Appleby Charitable Foundation is the first Foundation to be approved under the Isle of Man's new Foundation Act introduced at the beginning of 2012.

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.