Mike Foxall to head up Wealth Insurance Service at QB Partners
QB Partners, the independent, cross border technical specialist, have announced the appointment of Mike Foxall to head up a new wealth insurance service. This new appointment further broadens the range of services that QB Partners are able to offer to both professional advisers and product providers.
This new service will cover two main areas:
(1) QB Partners can deliver comprehensive suitability report to assist advisers in making the correct insurance bond recommendation for each clients circumstances and objectives, particularly in more complex, cross border situations.
(2) QB Partners also offer a chargeable gains calculation service in order to provide guidance and assist with these complex policy calculations, whenever an existing client-policyholder is making a withdrawal from their policy.
David White, Managing Director of QB Partners said;
"We are delighted that somebody as experienced and well regarded as Mike has joined us in order to help us to continue to develop our offering to the financial services market. Mike adds an additional area of expertise to our proposition alongside our cross border pensions and trust and estate planning services. The combination of skills, knowledge and experience that we are now able to offer is compelling and will continue to develop."
Mike has spent nearly three decades working in Financial Services and the last 15 years as a specialist focusing purely on international insured tax wrapper solutions, representing providers in the Isle of Man, Dublin and Luxembourg. He has helped design, launch and evolve several specialist insurance products.
Mike Foxall added: "Financial Advisers are required to have knowledge across a wide breadth of investments and related structuring and cannot be experts in all areas, which is where QB Partners can add value, in any areas of knowledge that the adviser does not have, or requires more in depth support in.
My own area of expertise is in cross-border wealth insurance structuring, which is not a synopsis that most advisers deal with on a daily or weekly basis. So, when the need arises, we can step in and add genuine value, to either assist with the suitability at advice stage or, crucially for the client, accessing their money in the most efficient way.
It is also fantastic to be surrounded by other brilliant technical experts, collectively delivering solutions specifically focused to meet needs of advisers and their clients, on a fully transparent fee charged basis. It feels like being part of the future."