Consumer Duty
See how we’re responding to the new Consumer Duty, including FAQs.
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Retirement and Pensions Products
Whether your clients are looking to combine pensions, make regular or one-off contributions, build up retirement savings, or take retirement benefits, we have a range of solutions to meet their needs.
If you have recently received a letter regarding tax code changes that may impact the tax you pay on your annuity income, you may need to contact HMRC to discuss your taxation position. You can do this by logging onto your online Personal Tax Account via www.gov.uk, calling the helpline on 0300 200 3300, or via post Sefton Area, HM Revenue & Customs PAYE, PO Box 1970 Liverpool, L75 1WX.
If you have any questions about this letter or need assistance in understanding any of the points raised, please contact retirementservicing@canadalife.co.uk
Promotion approved 10/07/2023
Our guaranteed income products
Our retirement products have been designed with simplicity, security, and flexibility in mind. Learn more about our retirement solutions and discover their benefits.
Lifetime Annuities
- A guaranteed retirement income for life
- Enhanced annuities available for qualifying health conditions
- A range of death benefits to suit your client’s preferences
Fixed Term Income Plan
- A guaranteed income for 1 to 20 years, which can increase each year
- Offers a Guaranteed Maturity Value lump sum
- A range of death benefits to suit your client’s preferences
Purchased Life Annuity
- A tax-efficient, purchased income for life or a specified term
- No tax paid on capital element of income, and may be suitable for IHT planning
- Option to pay benefits on death, including a joint life benefit
Technical Support
Our ican Technical Services team is on hand to provide you with award-winning help and guidance. Consisting of industry-recognised experts, our team delivers the right technical information when you need it.
Use Technical Eye to keep up to date with the latest industry developments, and access a range of technical training material that’s CPD qualifying, including webinars and podcasts.
Due diligence
Product information
Find target market information, product characteristics, and fair value assessments.
Download guidesNews and insights
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Don’t ignore the valuable death benefits available on annuities
Canada Life has crunched the numbers to show just how valuable annuity guarantees can be in delivering value over the lifetime of a customer.
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Almost half of UK adults have not thought about who should inherit their pension
New insight from Canada Life reveals nearly half (46%) of all UK adults with pension savings haven’t considered who should inherit their pension once they pass away.
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Filling the gap: 9.4 million brits have performed a dental procedure on themselves
A fifth (18%) of UK adults - equivalent to 9.4 million people - have performed a dental procedure on themselves, new research from Canada Life reveals.
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£5.8 billion overpaid to HMRC due to wrong tax code
New research1 from Canada Life can reveal that almost a third (31%) of UK adults who have checked their tax code found that they have been on the code at some point. With 6% finding that they have been on the wrong tax code in the last 12 months.
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Canada Life Asset Management completes first real estate transaction in Germany
Canada Life Asset Management today announced it has completed a loan of €19.5 million to Aviva Investors for the purchase of a logistics hub in Germany.
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Only 12% of people with a will include their digital assets
Whilst 95% of UK adults have digital assets, there is seemingly little awareness or consideration as to what should happen to these after death.
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Over half of UK adults do not have a will
Nearly a third of those who are 55 or over do not have a will
