Trustee Investment Plan

The CanRetire Trustee Investment Plan (TIP) is a pension investment policy intended for trustees of Self-Invested Personal Pensions (SIPP), Small Self-Administered Schemes (SSAS) and Occupational Pension Schemes (OPS). TIP can invest in a wide range of funds offered by Canada Life Limited.

TIP allows both single and regular premium investments and flexible withdrawal/surrender options. It also offers a wide choice of funds with a straight forward and competitive charging structure.

TIP is designed with flexibility in mind, allowing regular withdrawals up to 10% of the original investment and the ability to surrender all or part of the TIP without charge.

 

  • Ability to pay regular premiums
  • Access to Canada Life funds
  • Flexible regular withdrawals up to 10% of investment amount
  • No penalties for surrenders or partial surrenders
  • Initial minimum single investment of £15,000
  • Free phasing of investments

Trustees of an occupational scheme or self- invested personal pension can surrender the plan without penalty to provide any necessary death benefits.

Please note that past performance is not a guide for the future. The value of units can fall as well as rise and currency fluctuations may also affect performance.

Trustees of an occupational scheme or self- invested personal pension can surrender the plan without penalty to provide any necessary death benefits.

  • Adviser charges cannot be facilitated with this product.
  • The value of a TIP can go down as well as up and investors may get back less than they invested. The amount they get back will depend on the performance of the funds they choose, how long they invest for, our charges and any withdrawals they make from the Plan.
  • If the Plan is cancelled within 30 days, investors may get back less than they paid in.

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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.