Full list of winners and highly commended entries of this year's Professional Adviser International Fund & Product Awards 2012 now available.
Skandia International, Fairbairn Private Bank and Axa PPP International were winners in this year’s International Fund & Product Awards. Axa Wealth International won Best International Life Group selling into the UK and Jersey won Best International Fund Centre.
Axa Wealth International also won Best International Product for the UK market with its Estate Planning Bond while Standard Bank Offshore scooped Best Expatriate Bank. In the international pension sector, Boal & Co won the award for Best International Specialist Pension Provider for its international pension plan solutions.
Zurich Life International won best International Life Product and Barclays Capital won Best International Structured Products Provider. The winner of the Best International Fund Group award went to Aberdeen Asset Managers for its Luxembourg range.
Highly commended groups included Royal London 360, Prudential International, Allianz Worldwide Care and William Russell.
Commenting on this year’s awards, Deborah Benn, chair of the judging panel said: “There is little doubt that the past 12 months has possibly been the toughest year yet for the offshore industry. Not only has the ongoing backdrop of difficult economic conditions taken its toll, but higher than normal regulatory pressures have been evident this year. Yet despite this, entries have displayed a refreshing determination to keep up high standards of service which has impressed the judges. In particular, this year’s winners and highly commended entries have really shone.”
The awards, which are in their 13th year, are judged by an independent panel of industry practitioners and experts. The judging process is a mixture of quantitative and qualitative assessments, of which the questionnaire is an integral part.
Entrants are required to complete a submission for each award they enter. In assessing a submission, judges looked for a range of attributes including:
• Commitment to target market
• Appropriateness and breadth of product range
• Use of technology to improve service
• Levels of training
• Levels of service support
• Recent initiatives to improve products and services
The full list of winners and highly commended entries of this year’s awards can be seen at www.offshoreawards.com
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