IoM considers changes to commission disclosure rule
The Isle of Man financial services regulator is considering scrapping broad commission disclosure requirements for life companies headquartered on the island, in favour of implementing policyholder-specific disclosures by 2019, according to industry sources.
Retirement | 5 Jun 17
Qrops Bureau launches estate planning service for advisers
Isle of Man-based The Qrops Bureau has launched a trust and estate planning service for financial advisers.
Emerging Markets | 2 Jun 17
The enduring legacy of Franklin Templeton’s Mark Mobius
Mark Mobius, AKA Mr Emerging Markets, announced earlier this year that he will be stepping back from the day-to-day management of several high-profile funds at Franklin Templeton Emerging Markets Group but says he plans to keep working to the end.
Returning expat pensioners to cost UK £1bn post-Brexit
Tens of thousands of expat pensioners across the EU may return to the UK if the country fails to secure reciprocal healthcare rights after Brexit, with the cost of treating them on the NHS likely to double, warns a report by health charity the Nuffield Trust.
Retirement | 30 May 17
Aviva considers expanding UK pension transfer advice unit
Aviva is looking at offering advice to UK customers looking to transfer out of their final salary pensions in response to rising consumer demand.