We have rebranded Retirement Advantage products as Canada Life. Visit our Retirement Account and Home Finance pages.

Canada Life & Openwork

The Flexible Income Annuity (FIA) is an investment-linked annuity which provides flexibility to change income levels at different stages of retirement, a minimum income guarantee and the potential for income growth. The product is closed to new business.

It should be noted that there are no changes to policy terms, income payments, annual statements or any other aspect of policy administration for existing FIA policyholders. We believe that FIA continues to provide excellent benefits for existing policyholders.

Click the buttons below to access FIA documents and for more information on FIA funds.

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FIA Documents

FIA Funds

Adviser Homepage

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.