Welcome to the IOMA group media centre. This area allows you to access press releases and press articles from IOMA group and its 8 different business divisions.
IOMA Life will be running a series of inheritance tax planning seminars in September
Isle of Man-based retirement benefits specialist, IOMA Pensions, has launched the Lifestyle Pension (Guernsey) in conjunction with Carey Pension & Benefits Limited.
There are few of us who would not be honoured if asked to become a trustee of charity.
On Tuesday 22 June, George Osborne presented the first budget of the UK’s newly elected coalition government against a backdrop of economic difficulty and uncertainty.
IOMA has announced today that it has agreed to support the National 18’ Class Championship for Isle of Man Yacht Club in the Club’s centenary year.
A generation ago (or so I’m told) the argument for pension provision was compelling and clear.
With the results of the election now in, the UK population faces their first hung parliament since 1974; this is a new experience for two entire generations of voters.
The event took place on Sunday 2nd May with 28 yachts from around the Irish Sea leaving Ramsey Harbour at 13.30 hours.
IOMA Pensions, the retirement solutions specialist in the IOMA Group, has made major enhancements to its product range for both local and international business.
Those familiar with Manx law will know that the Isle of Man is not part of the United Kingdom but is a self governing territory of the British Crown, usually referred to as a Crown Dependency.
A new cost efficient tax service, provided by highly experienced and professionally qualified practitioners, has been unveiled by one of the Isle of Man’s leading independent wealth management companies.
As far as 2010 Budget expectations were concerned, the Isle of Man had similar needs to the UK and that was for a budget which would stimulate UK growth and reduce the fears of a credit downgrade.
Following the appointment of Mike Hodgson, Alex McNee and Paula Coates as directors of IOMA Solutions in January, IOMA group is pleased to announce the strategic appointment of two further directors, Craig Brown and Kevin Renshaw.
This encompasses a range of consultancy services relating to structuring requirements, establishing and administering a vast array of structures including trusts, companies and partnerships to hold both financial and non-financial assets.
This famous misquote was attributed to the Labour leader,”Sunny” Jim Callaghan, before the collapse of the last Labour government in 1979 during the strike-ridden “Winter of Discontent”.
In November last year, the Manx papers published a lighthearted remonstration of the BBC for mistaking the Isle of Man for the Isle of Wight in a morning news broadcast.
The IOMA group is pleased to announce that Mike Hodgson has joined the group as Managing Director of IMPACKT Limited which will trade under the IOMA Solutions banner. In addition, Alex McNee and Paula Coates have joined as Directors.
The board of IOMA Fund Management and IOMA Investment Management have appointed Graham Smith as Executive Director.
Financial services group, IOMA, today launches its striking new corporate identity.
FUNDS at Cronkbourne Bacchanalian Hockey Club have been boosted by IOMA group for the 7th season running.
They do say that good comes out of adversity. It’s a view shared by Nigel Wood, Managing Director of financial services group, IOMA, as he reflects on the economic crises that have beset the Isle of Man over the last 30 years.
With the New Year fast approaching, a few investment predictions are perhaps in order.
Antony Kelsey, Associate Director with IOMA Life explains why whilst you might think you are domiciled in the Isle of Man - the UK revenue department may think differently and you may be liable to pay UK tax at 40%.
In years to come we may celebrate the credit crunch anniversary in a similar way we enjoy 5th November. It may be looked upon as the start of a period which led to much needed banking reform. Less greed as credit becomes more inaccessible. And a return to traditional values in life of saving and controlled consumption.
UK property shares have rebounded by a remarkable 83% since early March 2009 - according to IOMA Fund and Investment Management Limited.
A DIRECTOR from IOMA Investment Management has competed with ‘Team Isle of Man’ in this year’s UK Powerbar Three Peaks Yacht Race.
The Founders of IOMA Group have “Reasons to be Cheerful”. They are not just celebrating the thirtieth anniversary of one of the Isle of Man’s oldest and most significant independent financial services companies, but also acknowledging the pioneering spirit which launched the business.
In years gone by it was usual for you to go to one big insurance company to provide your pension and they did everything from being your pension trustee, to managing your pension investments, to paying out your pension benefits in retirement.
Successive interest rates cuts by the Bank of England have left many savers feeling hard done to. At the turn of the century, base rates stood at 6%. A decade earlier they were nearly 15%. Over the course of the last few months, however, bank rates have been cut back to 0.5% in an attempt by financial authorities to stimulate the economy and prevent recession degenerating into depression.
Before the London G20 meeting on 2nd April, the smart talk on the street appeared to be that tax havens (whatever that might mean) were finished. These smaller nations had, apparently, been major contributors to the malaise in the world’s financial markets and their secrecy laws had, it was boldly claimed, undermined the fiscal efficacy of some of the world’s leading economies. Despite this extraordinary hyperbole, the issue seemed to have gathered political momentum which, many commentators observed, was going to be the killer blow.
Which business idea or concept do you wish you had come up with?
Few would envy the task of our Treasury Minister to balance the books given the extent of the global downturn, however he has managed to do just that without resorting to tax increases or cuts in services. He also appears to have given considerable thought to almost all the key issues.
IOMA Pensions has launched a new and innovative personal pension plan for Isle of Man residents. The Lifestyle Pension (Wrap) Account is a unique concept for local savers and has been designed with security in mind; all the scheme assets are covered under the Island’s Policy Protection Act and the plan includes a guaranteed annuity option.