The awards scheme is administered by International Investment who appointed a judging panel composed...
The awards scheme is administered by International Investment who appointed a judging panel composed of senior people involved in the investment industry. They were:
n Chair: Deborah Benn (financial journalist)
Bambos Hambi, multi-manager, Insight Investment
Catherine Tennant, editor-in-chief, International Investment
Philip Martin, director, the abacus
David Ferguson, director, the abacus
Steve Travis, director of offshore services, Wilfred T Fry
Malcolm Kerr, director, AtosKPMG Consulting
John Pattison, banking consultant, AtosKPMG Consulting
The panel assessed the entries and gave points based on completed questionnaires. So, for example, in order to be qualify for the Best International Life Group, an entrant in the life group category must have completed all appropriate sections of the questionnaire. A shortlist then was drawn up from which both a winner and special commendations for each award was chosen. Underlying data such as fund performance was calculated by outside agencies.
The judges awarded marks based on the following:
n Security and levels of support offered by parent group
n Appropriateness of product.
n Comprehensiveness of product range
n Product innovation
n Service levels and support to intermediaries and customers
n Online services
n Involvement at industry levels
n Overall completion of questions and level of information provided.
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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