Consumer Duty
See how we’re responding to the new Consumer Duty, including FAQs.
Learn moreImportant information
Please be aware that there will be a temporary disruption in our web services. This is due to necessary maintenance work that will be taking place from Friday 1st December until 12:00 on Saturday 2nd December.
Thank you for your patience and we apologise for any inconvenience caused.
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 pension and guaranteed retirement income products
Our pension plans and annuities have been designed with simplicity, security, and flexibility in mind. Learn more about our retirement solutions and discover their benefits.
The Retirement Account
- Consolidates pension pots under one, flexible plan
- A blended guaranteed and flexible income solution
- Choose from over 2,400 funds
- Offers tax planning 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
Trustee Investment Plan
- A pension policy enabling trustees to invest in a wide selection of funds
- Allows single and regular investments, and flexible withdrawals
- For trustees of a SIPP, SSAS, or Final Salary Occupational Pension Scheme
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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The £13,240 question – why shopping around for your annuity still pays
Canada Life has shown how shopping around for your annuity remains one of the best ways of securing the best income from your pension.
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What does the future of financial advice look like?
Gain valuable insights into the future of advice with the State of Flux report, a comprehensive study conducted in 2023 by AKG and sponsored by Canada Life.
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Canada Life appoints Rebecca Gladstone as Head of Public Policy
Canada Life UK has appointed Rebecca Gladstone as Head of Public Policy, a newly created role within the CEO’s office.
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Company benefits packages sway 10.8m workers to accept job role
New research from Canada Life finds that over a third (34%) of UK workers, equivalent to 10.8m people, have been swayed to accept a job because of a competitive benefit, perk or company policy.
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Fixed Term annuities – the unsung hero of retirement income
As lifetime annuity rates have improved significantly over the past 18 months, these changes have also benefitted fixed term products.
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WS Canlife Property ACS fund statement | Canada Life UK
Following a strategic review by Waystone Management UK Ltd. and Canada Life Asset Management Ltd., we can confirm today that we have begun the process of winding up the WS Canlife Property ACS fund, subject to FCA approval.
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Great expectations: The generational gap in planning for retirement
Is your retirement glass half empty or half full? New research1 from Canada Life reveals that age has everything to do with it.
