Boal & Co has picked up its third industry award in five years after winning Best International Pension at a prestigious ceremony on Wednesday night.

In Professional Adviser’s ‘International Fund and Product Awards 2015’, the category saw Boal & Co triumph against renowned institutional names, with Chief Executive Mark Kiernan on hand to accept the award at the ceremony at the London Marriott Hotel in Grosvenor Square.

Boal & Co is a leading service provider in the world of international pensions, with over $10 billion of pension assets under trustee or administration. Boal & Co provide schemes, and services to schemes, to both Corporate and Individual clients Established in 1995, Boal & Co has regulated pension administration and/or trustee businesses in the Isle of Man, Gibraltar and, most recently, Jersey (following completion of an acquisition last month).

Speaking from Boal & Co’s headquarters in Douglas, Isle of Man, Mark Kiernan said:

‘Professional Adviser’s international awards have been established for 16 years now and are one of the major highlights of the year for the industry. The award is recognition for the breadth of our pensions offering, spanning Corporate and Individual clients literally all over the world, and supported by our pension operations in the Isle of Man, Jersey and Gibraltar.’

Karen Kelly, Director of Corporate Pensions added:

‘It was humbling in the first place to have been shortlisted alongside two worldwide institutions, so to actually win the award is a lovely surprise, but a reward for a great team effort. It’s a lovely way to lead up to Boal & Co’s 21st anniversary at the end of this year.’

Commenting on Boal & Co’s award, the IFPA judges said:

‘The judges felt that Boal & Co's overall experience and expertise in all aspects of international pension establishment and administration gives them the necessary flexibility to address today's international pension needs. As well as providing excellent technical knowledge and support, the judges applauded the transparency of services and charges.’

In assessing submissions, judges looked at the quality of submission in:

• Highlighting the benefits of products and services
• Commitment to target market
• Service levels and technology and innovation used.

According to chair of the judging panel, Deborah Benn, this year's awards indicate a welcome vibrancy in the international financial services sector.

She said: ‘The practicalities of reaching different markets and diverse client sectors requires commitment, knowledge and skill. These attributes were very much in evidence this year, with some well thought through products and services on offer.’

The full list of winners of this year’s awards can be found at http://www.internationalfundandproductawards.co.uk/static/home. 

Phoot - Pictured with the IFPA award for Best International Pension 2015 – from the left: Karen Kelly, Boal & Co’s Director of Corporate Pension, Chairman Gary Boal, and CEO Mark Kiernan.