View more on these topics

Chinese impressed with Isle of Man

The Isle of Man is moving towards establishing financial services links with China following a visit by Chinese officials to the island.

Representatives of China&#39s Central Bank discussed with the Isle of Man Financial Supervision Commission the possibility of setting up operations on the Isle of Man.

They explored the potential for training Chinese bank staff at the island&#39s local higher educational institutions, particularly its new International Business School.

The IoM Government is raising its profile in the Far East by holding two conferences in Singapore and Hong Kong this summer.

IoM Government Treasury head of international services division Michael Gates says: “Relationships have existed between Chinese companies and Isle of Man companies for some time. This visit looks towards building on those links in a more formal way.”

London Chinese Embassy first secretary Yang Lingming says: “We are very impressed by the environment of the island and by its very friendly people. I will be pleased to assist with the proposed Isle of Man Government visit to China later this year.”


Home truths

In my last two columns, I talked briefly about the forthcoming consultation on the taxation of offshore funds and the review of domicile. I also added a little more detail on the fundamentals of domicile – just to remind you of where we currently are and where the opportunities for planning lie.If there is to […]

A stirling performance

Watch out Schumacher, Gary Heath is back on the track and he won&#39t be letting anybody pass at the chequered flag.Impartial Group chairman Heath has made his return to motor racing after a 30-year lay-off, entering the Ginetta Cup in his Ginetta G20 car.Heath drove the 1,800cc car around the course at Pembury in Wales […]

Premier fund locks in capital

Premier Fund Managers has introduced the second issue of the Premier income and growth plan, a Dublin-based closed-ended fund that is linked to the FTSE 100 index for four years.Investors can choose an annual income of 7.5 per cent, monthly income of 0.6 per cent or growth of 32 per cent at the end of […]

L&G doubles Isa market share

Legal & General doubled its share of the Isa market in the first quarter of the year after sales rocketed to £168.2m from £115.5m in the same period in 2001.The boost meant that L&G&#39s market share shot up by more than 110 per cent – of the sales of Investment Management Association members – to […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm