Premiere Europe Account

A comprehensive solution for investors

Investing through an EU-based provider in Ireland can offer UK investors significant tax advantages. Combining these with an investment bond offering a comprehensive range of investment options can be a very attractive solution for the right clients.

The award-winning Premiere Europe Account from Canada Life International Assurance (Ireland) offers all the benefits you would expect from a leading investment bond provider and has developed over time to meet the changing needs of clients and advisers.

The Account is available on a life assurance basis, linking the bond to the death of the last surviving life assured, or on a capital redemption basis with a fixed term of 99-years, removing the need to select lives assured.

Your clients have access to regular withdrawals or ad hoc payments, either through partial surrender or segment surrender. In addition a choice of currencies is available which can be attractive to investors who do not want to link their investment to Sterling; such as those who are planning to move abroad and want to reduce the effect of currency risk.

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  • The tax efficient growth of an investment based in Ireland for a UK resident means that any growth achieved in the Account is not subject to UK tax, although it may apply when any profit is brought back into the UK.

  • Available as a life assurance bond that will end on the death of the last surviving life assured or as a capital redemption bond with a 99-year fixed term.

  • The Account can be denominated in one of a choice of currencies; Sterling, US Dollars and Euro.

  • There is a choice of charging options offering flexibility for different clients.

  • The Account can be issued as a series of up to 99,999 individual policies allowing tax efficiency when withdrawing money.

  • For trustees, it can offer an easy method of investing.

  • The ability to use multiple investment solutions at any time, allowing investors to mix and match between funds, cash deposits, discretionary managers and investment platforms.

  • The use of a provider based in Ireland allows for beneficial VAT treatment on discretionary manager fees.

  • There is the ability to appoint fund advisers on a discretionary or non-discretionary basis, with fees being paid outside of the 5% tax deferred allowance.

  • Assigned segments can be independently managed with different investment profiles for each recipient.

The Account is true open architecture – this means that almost any collective fund from around the world can be used, as can cash deposits, investment platforms or discretionary investment managers. The list of platforms and discretionary managers is always evolving and being added to.

It is possible to use multiple funds, platforms and discretionary managers and the investments can be changed at any time.

The value of investments can fall as well as rise.

The Premiere Europe Account will appeal to UK resident investors with at least £50,000 to invest who are looking for a comprehensive range of investment options, with beneficial treatment for discretionary investment managers.


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Premiere Account

A comprehensive solution for investors


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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.

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 and regulated by the Financial Conduct Authority.