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Manx Insurance Association

IoM plans to enforce full commission disclosure worldwide

Best Practice | 27 Jul 16

IoM plans to enforce full commission disclosure worldwide

The Isle of Man regulator has announced plans to make it mandatory for international life companies based on the island to disclose to retail customers all commissions being paid to their financial adviser.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.