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APPENDIX D
51 • Isle of Man Financial Services Authority Annual Report 2016/17
RET I REMENT BENEF I TS SCHEMES
REGI STRAT IONS UNDER THE RET I REMENT BENEF I TS SCHEMES
ACT AS AT 31 MARCH 2017
AUTHOR I SAT IONS UNDER THE INSURANCE ACT 2008
NUMBER OF AUTHOR I SAT IONS IN RESPECT OF THE
INSURANCE ACT 2008 AS AT 31 MARCH 2017
As at 31 March 2017, a total of 50 corporate and in-house administrators held a registration
issued by the Authority under section 36 of the Retirement Benefits Schemes Act 2000 (the
“Act”). A total of 1032 retirement benefits schemes were registered as authorised pursuant to s.
3 of the Act - an increase of 7.4% in the period since 31 March 2016 (961 schemes).
31 March 2017
31 March 2016
Professional Retirement
Benefits Schemes
Administrators
21
23
In-House Administrators
29
33
Domestic Schemes
904
845
International Schemes
128
116
Recognised Schemes
52
52
Permitted Schemes
2
2
31 March 2017
31 March 2016
Life Insurers
16
16
Non-Life Insurers
111
118
Permit Holders -
Life
9
9
Permit Holders -
Non-Life
9
9
Insurance Managers -
Life
11
11
Insurance Managers -
Non-Life
11
11
General Insurance
Intermediaries
23
26
Total
190
200