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Advisers get enhanced service with Canada Life International’s Adviser Connect

Canada Life has improved its Adviser Connect online portal to give advisers enhanced functionality and more choice online.

Advisers with Canada Life International clients will now be able to view and download 

  • Transaction history for the last 18 months
  • Pending trades
  • Bulk downloads
  • Account holdings and assets
  • Information on 5% allowances
  • Account summary
  • Policies held within an account
  • Policy segment information
  • Total contributions
  • and most recent valuations.

The new functionality, makes it straightforward to report costs and charges and easier to comply with regulations, including the Insurance Distribution Directive (IDD).

Advisers can also download the account information as a CSV file or print and store it, as well as bulk download all their client files simultaneously, making it possible to feed that information into their own back office reporting systems.

The information comes in the wake of recent enhancements to Canada Life International’s Wealth Preservation Accounts. These accounts allow an individual to make gifts into trust with the aim of building up a fund of money outside the individual’s estate which is free from inheritance tax, but at the same time have the option to receive an annual ‘income’.

The maximum number of policies available has been increased to 99,999, improving the flexibility when it comes to modelling income levels and tax liabilities through the annual policy maturity process. There is also a reduced new minimum of £10 per individual policy, down from £2,000.

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This website is for UK professional advisers only and is not approved for use by private customers.

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 by the Prudential Regulation Authority and regulated by the Financial Conduct Authority.