About Us

Canada Life looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures.

There can be no greater priority than the commitment and responsibility towards all our customers. At Canada Life we adhere to the same principles as when we were formed in 1847: integrity, consistency and experience.

Our heritage is important to us. Our parent company, Great-West Lifeco, is a financially strong, stable, modern global organisation. The oldest Canadian life assurance company, Great-West Lifeco traces its foundation back to 1847 - that is more than 170 years of helping customers plan for the future.

Since 1903 we have operated in the United Kingdom where we have hundreds of respected and supported staff all geared to doing the right thing for customers.


* as at 31 December 2019

In January 2018 we acquired Retirement Advantage, a company that helps those who are in, at or approaching retirement with a range of simple, secure and flexible products to suit their needs. We share a focus on providing outstanding customer service and, with a history stretching back more than 160 years, like us they are committed to the market long term. Together, we are well positioned to build on our combined skills and experience to deliver compelling solutions for retirees.

Canada Life is ambitious too. We have grown to become a leading provider of competitively priced group insurance solutions. We’ve been recognised by the industry for the quality of our products and services with awards from Moneyfacts, International Investments, International Adviser, among others. Similarly, Retirement Advantage’s lifetime mortgages and the service they provide have been consistently recognised for their innovation and quality.

Canada Life in the UK is wholly owned by The Canada Life Assurance Company. Canada Life is a subsidiary of Great-West Lifeco Inc and a member of the Power Financial Corporation group of companies. Please click here to view ratings for these companies.

Canada Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Canada Life International Limited and CLI Institutional Limited are Isle of Man registered companies authorised and regulated by the Isle of Man Financial Services Authority.

Canada Life International Assurance (Ireland) DAC is authorised and regulated by the Central Bank of Ireland.

Stonehaven UK Limited and MGM Advantage Life Limited, trading as Canada Life, are subsidiaries of The Canada Life Group (U.K.) Limited. Stonehaven UK Ltd is authorised and regulated by the Financial Conduct Authority. MGM Advantage Life Limited is authorised and regulated by the Financial Conduct Authority.