A globally recognised alternative to trusts could open up a new market for the Isle of Man, now Royal Assent has been given to the Foundations Act.
Foundations are another means of holding financial assets, and are better known than trusts in many countries.
Managing director of PKF in the Isle of Man Phillip Dearden says it's 'a good idea', and he is stressing the two vehicles will operate side by side:
Chamber to launch 'Voice of Business' survey
Results will form part of the organisation's election roadmap
Ramsey venue to cease breakfast offering from September
Milntown Estate opening hours to change later this year
Over 120 environmental leaders to meet on Island
Isle of Man to host 25th anniversary Inter-Island Environment Meeting
Phishing warning issued to Isle of Man Etsy sellers
Island’s cyber security experts warn of scam emails targeting local Etsy sellers with fake account alerts
