Isle of Man advice firm hit with £63,000 fine

Regulatory failures included unsuitable practices on DB pension transfers

How has the pandemic affected the Isle of Man life sector?

Island has had ‘more enquiries’ from firms looking to learn more about its finance industry

Company was ‘unable’ to show that it had carried out customer risk assessments

Strategy will ‘have a much more significant role to play’ in post-coronavirus retail investments

The deal is worth up to £662,500 and comes nearly three months after it issued a profit warning