In a world, which has recently seen great economic and political turbulence, it is natural to worry about how your money can help secure your future and the future of your family.
The Isle of Man enjoys exceptional political and economic stability with a history of over 1,000 years of continuous parliamentary government. Situated in the heart of the British Isles, it is a Crown Dependency of the United Kingdom but retains its independence and its own parliament. The Isle of Man’s status as a major financial center is backed up by Standard & Poor’s which recognizes the financial and economic stability of the Isle of Man with an ‘AA+’ rating. It is also one of the few places, which has no government debt.
As a policyholder, you can be reassured that once your money is invested, it is in a fully regulated environment, which protects your interests.
All companies used by GPI are authorized by the Isle of Man Insurance and Pension Authority (the IPA) under the Provisions of the Insurance Act 2008. The IPA monitors that the company is properly managed and that it has adequate financial resources to support its long-term business.
The Isle of Man Life Assurance (Compensation of Policyholders) regulations 1991, makes provision for the payment of up to 90% of the unlimited value of a client’s investment liability under a protected contract, in the unlikely event that a company was unable to meet its liabilities to policyholders.
The Isle of Man’s scheme operates globally, covering policyholders no matter where they reside.
Financial dealings in the Isle of Man are conducted in an environment, which respects the right of individuals to carry out their business affairs in private.
A non-resident investor’s money grows largely free of tax, which makes the Isle of Man the safest and most protected tax haven in the world.