Life companies and fund providers are always looking for ways to differentiate their product from that of the competition.
Industry stalwart Skandia International is celebrating once again having picked up three awards at the recent Professional Adviser International Fund and Product Awards.
Each year the Awards focus on a particular aspect of offshore financial services. This year they introduced two new awards aimed at International Finance Centres - Best International Finance Centre for Funds and Best International Finance Centre for Trusts & Fiduciary.
These awards aim to recognise the complex work involved in setting up the enabling legislation required by providers looking for structures that allow the innovation and flexibility needed for complex international financial solutions.
Skandia International were successful in the following categories:
Best International Life Group - Winner
Best Service Initiative - Winner: Investment Portfolio Builder
Best International Life Product - Highly Commended: South African Investment Portfolio Bond
Other winners at the 13th Annual Professional Adviser International Fund and Product Awards include Zurich Life International, Axa Wealth International and Boal & Co.
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.