IOMA Life are delighted to announce the launch of the Legacy Gift Plan. The Plan utilises a Bare Trust
arrangement whereby the underlying investment vehicle enables control as to the accessibility of the Trust Fund.
“I don’t care to belong to any club that will have me
as a member”
Groucho Marx (in his telegram of resignation to the Friar’s
Club of Beverly Hills), 1959
As we move into the second quarter of 2015, three key
issues are currently driving market sentiment; the timing
of the next interest rate hike in the US, the future
membership of Greece in the Eurozone and the outcome
of the UK General Election. The outcome of each will
impact markets one way or another over the course of the
next few months.
At one point in the 1967 Disney film The Jungle Book,
Kaa the snake puts its own tail into its mouth whilst
encircling Mowgli and singing ‘Trust in Me’. The symbol of
a tail devouring snake was well known to Greek
mythologists who called it the Ouroboros. The creature
represented a new beginning, albeit one created out of its
We are delighted to confirm that our popular IHT planning product, the Estate Management Bond (EMB), has been ‘highly commended’ in The Best International Trust & Estate Planning Bond category, which is an award run by Professional Adviser.
Last October, we referred to the successful flotation of
Rocket Fuel, an artificial intelligence company with a
suitably stratospheric valuation.
Budget Analysis 2014
‘a Budget for the makers, the doers, and the savers’
It has come to our attention that a website purporting to be in the name of Isle of Man Assurance Limited has been developed without our knowledge.
‘We’re scientists, we don’t look out of windows,’
responded a meteorologist friend when questioned why
the Met Office continued to forecast sunshine
Isle of Man based wealth management firm IOMA Group has
embarked upon the next stage in a series of expansions with
two new high profile appointments.
The stellar debut of the aptly named artificial intelligence
company, Rocket Fuel, briefly eclipsed the fifth
anniversary of the collapse of the US investment bank
Lehman Brothers, the demise of which marked the
turning point of the 2008 banking crisis.
God knows, the Japanese nation needs something to celebrate.
There is an innumerable variety of views on FATCA
globally. However, it is with varying degrees of hostility
that the FATCA legislation seems predominantly to have
The sum was raised by IOMA and IOMA Fund
and Investment Management staff who sold cakes to the
other Group companies. The cake sale raised £425,
which was then matched by IOMA Group as part of its
ongoing commitment to corporate social responsibility.
Despite the announcement in the 2012 UK Budget to close down
certain aggressive income tax deferral schemes using an
arrangement of cluster policies, the Flexible Reversionary Trust
(FRT) remains a viable tax planning opportunity when it comes to
The ‘Tax-Free’ status of many ISAs represents an ostensibly
attractive option to investors looking to plan for their future and
minimise the impact of income and capital gains tax.
4th Quarter 2011 - Investors who sold in May and went away.....
The two businesses have reason to celebrate, as they
have enjoyed significant success - despite the volatility
that has threatened markets since their incorporation.
Mike Batey, formerly the Director of Pensions at IOMA Group, has been appointed to the newly formed role of Director of Life and Pensions.
It is with pleasure that we can announce that the Isle of Man Ship Registry has just published its
annual report for 2010. The Registry has seen extremely impressive results for the year despite the
economic downturn, even clenching the fourth fastest growing register in the World!