The Retirement Account - Drawdown

For clients who want to go into pension drawdown, the flexible, competitively priced structure and seamless choice of investment options allows you to mix and match and build the right investment approach to match your client’s needs.

Benefits of The Retirement Account:

  • Make regular or ad-hoc contributions and accumulate funds whilst still working
  • Consolidate other pensions so that all retirement savings are in one place
  • Draw regular income or lump sums from a minimum retirement age of 55 in a flexible and tax efficient way
  • Auto-rebalancing - periodically adjusting a portfolio back to its target asset allocation
  • Build up a nest egg for the future or a legacy for loved ones

The Investment fund range

Core range
Our Core range draws on the expertise of Canada Life Investments to offer a simple, cost-effective, governed set of risk-rated funds utilising both passive and active management styles that are suitable across the accumulation and decumulation phases of retirement.
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Governed range
Our Governed range is made up of a broad selection of single asset/strategy and multi-asset funds provided by leading asset managers across the market. The range has been constructed using a robust governance framework, with investment expertise provided by external specialists Square Mile Investment Consulting and Research. Ongoing governance and monitoring are provided by Square Mile and Canada Life’s Investment Oversight Committee.
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Protected funds
Stock markets can be volatile which can be damaging for those seeking to take income during their retirement, especially when negative performance happens during the early years. The Retirement Account offers a protected fund that is designed to cushion against major falls enabling investors to be more confident in managing retirement income.
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The Retirement Account –
adviser brochure

Fund Range &
Investment Proposition

Sequence of
returns risk

Benefits of
rebalancing

Index Managed (80% Protected) Fund brochure

A Natural Home for Final Salary Scheme Transfers

The Retirement Account
at a glance

Technical
Summary

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.