Canada Life International has been dedicated to working alongside UK advisers for 30 years, and now provides wealth management solutions from two tax-efficient jurisdictions – the Isle of Man and Ireland. We offer modern and flexible products with a huge range of investment choice, all backed by exceptional technical expertise and support.
Our international proposition focuses on choice and flexibility by offering a wide range of investment, protection and estate planning solutions. Whilst other providers may come and go, Canada Life International remains committed to the UK market and with combined assets under administration of £14.3bn (as at 31 March 2017), is one of the leading international providers.
A lasting commitment
Canada Life International was first established on the Isle of Man in 1987. The Isle of Man has a reputation centred around stable government, strong regulatory controls and policyholder protection. Standard and Poor’s rating service said the Island’s long term sovereign credit and senior unsecured debt ratings is AA+ combined with its A-1+ short term sovereign credit rating.
Estate planning solutions that stand the test of time …
Over the last thirty years we have continually developed our proposition to allow you to recommend the solution most suited to your clients’ needs.
Last year we notched up 25 years’ experience in administering flexible reversionary trusts and we still offer this solution in the innovative double trust structure of the Wealth Preservation Account. With our Wealth Preservation Accounts - available from both the Isle of Man and Ireland - you can help your clients mitigate inheritance tax whilst providing unrivalled flexibility, to meet their future financial requirements.
… and new initiatives
We are dedicated to listening to advisers’ feedback and in response to requests from advisers and their clients to introduce a Capital Redemption option we implemented this facility on our Premiere and Premiere Alpha Discounted Trust Accounts last year. Traditionally these products have been issued from the Isle of Man and there is extremely limited choice from Dublin providers. We were delighted to fill this gap in the market by also making this option available through our Dublin-based company, further demonstrating our long term commitment to the UK market.
Award winning solutions
Canada Life International has maintained a 5 star rating from actuarially based consultancy firm AKG for 14 consecutive years.
Canada Life International is pleased to have won many prestigious awards over the years many of which were voted for by financial advisers. Last year these included the International Adviser Readers’ Choice award for Best International Life Company (UK Offshore) and Best Overall Product Range. Additionally we were recognised in the International Investment – International Fund and Product Awards for Best International Life Group (UK) and Best International Portfolio Bond.
Last year Canada Life was especially pleased to have been awarded two five star service awards from Financial Adviser readers. We have always placed a high value on personal contact with advisers, and having a deep understanding of their business.
In a marketplace where technical support for advisers has largely been withdrawn, we remain committed to providing technical support under the distinctive brand, ican – that reflects our commitment to the adviser market.
The Canada Life ican Technical Services Team are industry specialists experienced in the intermediary market with experts across trusts, taxation, pensions and other technical areas. They regularly speak at industry events, and produce technical content in the form of articles, briefing notes, videos and webinars.