News
Tax & Regulation | news 2 Mar 17
Isle of Man to officially wind up Nicaraguan bamboo fund
The Isle of Man’s financial services regulator is looking to officially liquidate the stricken Eco Resources Fund, which convinced 189 investors to put $61m (£48m, €57m) into building a bamboo plantation in Nicaragua.
Fixed Income | news 1 Mar 17
Deutsche AM cuts fees on new range of fixed income ETFs
Deutsche Asset Management has launched a range of low cost fixed income exchange traded funds (ETFs) which all use direct physical replication.
Tax & Regulation | news 1 Mar 17
IoM says no to making beneficial ownership data public
The Isle of Man government has said it will not be forced to create a public register on the beneficial ownership of offshore companies until it becomes the “international norm” amid mounting pressure from UK politicians.
Offshore Bonds | news 1 Mar 17
Ailo publishes guide to moving overseas from UK
The Association of International Life Offices (Ailo) has published a ‘Guide to Moving Abroad’, designed to assist advisers with clients planning to leave the UK to work or retire.
Best Practice | news 1 Mar 17
Chartered institutes unite to boost financial services sector
Three financial services institutes have launched the Chartered Body Alliance to help consumers recognise the benefits of engaging with qualified professionals.