‘NO matter how good you are as a business or how good you want to be, external validation of what your business is doing is very important.
If that validation and assessment is possible by entry to prestigious awards – as it is with the Isle of Man Newspapers Awards for Excellence – it is an opportunity not be turned down.’
Gary Boal is a keen supporter of the Awards.
His company, Boal & Co, took the prize in the Innovation and Independent Thinking category last year for the launch of a Qualifying Recognised Overseas Pension Scheme (QROPS).
The scheme was devised in response to a situation which saw Isle of Man legislation making the island less competitive than Guernsey in its QROPS offerings.
Boal & Co worked closely with the Isle of Man Government to create an innovative pension scheme to overcome the situation.
‘We all strive to do things better and better – even 17 years on after starting Boal & Co, every week I’m still seeing areas where small improvements can be made, whether in communication, in customer service or in the strength and features of our pension scheme solutions,’ said Gary.
‘Sometimes those improvements can be small, but other times they can present themselves in the form of large opportunities where, to seize the moment, large innovations have to be made. At Boal & Co that is what we did in 2010/11, coming up with something completely different in terms of expatriate pension provision – and that is why we were delighted to win two awards that year – one of them being the Coutts & Co Award for Innovation at the Awards for Excellence.
‘It has given us an appetite for awards, to the extent that this year we were delighted to win a third, namely Best International Specialist Pensions Provider at the Professional Adviser’s 2012 International Fund and Product Awards. So we’re on a roll, and as I said before, still trying to improve in any area that we can.
‘For any company who has not entered the Awards for Excellence before or been along to the awards event, I cannot commend the experience highly enough. Last year was our first experience, and we were astonished at how professional and slick the evening’s events were. It really was like something you would see on television.
‘The audience was huge and the Villa Marina was full, so the whole night was a fantastic experience, whether as an attendee you were in for an award or just along as a guest. It was a very special night: a huge credit to Isle of Man Newspapers, and a big thanks also to the award sponsors, in our case Coutts.’
• The Isle of Man Newspapers Awards for Excellence, in association with RBS International, will be held on Thursday (November 15) at the Villa Marina.
It will be hosted by well-known comedian and television presenter Clive Anderson and will feature entertainment from Red Hot Strings, Lauryn Anderson and the David Holland Orchestra.
The ceremony, which begins at 8.30pm, will be streamed live on www.iomtoday.co.im/afe.