International first for Close as QROPS lists on platform

Close has taken further steps to enhance the reach and investment flexibility of its
QROPS product as Close becomes the first fully integrated QROPS provider on the
Boston Direct Management ‘International’ Fund Platform.

Whilst Platforms in the UK are common-place, providing significant advantages in
terms of consolidated reporting, trading, portfolio management, fund information and
investment analytical tools, they are far more difficult to come by in the international
market space.

Rex Cowley, Head of Products and Marketing at the international division of Close
said “The Boston platform is an ideal wealth management tool for international
advisors. Some of the benefits include the ability to view clients’ assets on a
consolidated basis whilst accessing a wide range of structures including pensions,
QROPS, life bonds and segregated portfolios. This functionality is key in delivering a
holistic wealth management service to customers and Close is delighted that Close
and Boston have been able to work together with this international first for the
offshore advisory market.”

Justin Barrett, Director at Boston Direct Management said “We are very excited
about the relationship that we are developing with Close. Platforms are able to
provide a wide range of services either on a stand-alone basis or within the more
traditional PPB structure. Accordingly, this makes a Platform the ideal complement to
a QROPS. There are significant benefits for both clients and advisors. The demand
for these solutions is gathering significant momentum and we are pleased to be able
to work with some of the leading industry providers in the provision of the Boston
Platform.”