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Investor security on the Isle of Man

Royal Skandia provides savings and investment plans from the tax-efficient location of the Isle of Man.

The Isle of Man is an established offshore investment centre with a stable and independent legal, political and regulatory framework. Life assurance is an important business sector of the island, representing a considerable share of the total international market of AILO (Association of International Life Offices) members. All life assurance companies based on the Island are closely regulated by the Isle of Man Government Insurance & Pensions Authority, which controls the type of business written and imposes detailed reporting requirements.

The Isle of Man enjoys full designated territory status under the United Kingdom Financial Services and Markets Act 2000, which means that the Island's investor protection laws are regarded by the UK authorities as being at least as effective as those for the UK.