Drive responsible investment
As responsible investors, we strive to attain the best possible outcomes for our customers, the economy, and the environment.
Who we are
Learn more about who we are, our heritage, and how we work with advisers. Then, see the steps we’re taking towards a sustainable future.
Building more inclusive and financially secure futures
We're about supporting financial wellbeing and the independence this creates. Simply put, it's about enjoying the freedom to make more of life.
As a successful and specialist UK financial services provider with a strong global parent, we’re leaders in the wealth, investment, and protection solutions markets – our chosen areas of expertise.
At Canada Life, we’re building stronger, more inclusive, and financially secure futures for our customers.
A strong and resilient business
We offer complementary solutions for wealth, investments, and protection. We value the strength and scale we’ve built over the years, and are proud of our Canadian heritage. And while the world continues to go through rapid and significant change, we’re fully committed to a future that’s sustainable, resilient, and inclusive.
Canada Life in the UK
3.6M
UK customers 1
450K+
Pension annuities in force 2
£40Bn
Assets under management 3
Our founder was also our very first client in 1847. Whereas our Canadian heritage goes back more than 175 years, we’ve been in the UK since 1903. Today, we’re the UK’s leading group protection provider,4 and one of the UK’s leading providers of international investment bonds and tax-efficient trusts.5
Our products and services are all designed with life in mind, and we want those who trust us with their investments, retirement, insurance, and home finance to thrive.
How we work with advisers
We believe in the power of partnership, and to promote and safeguard our customers’ financial wellbeing, we work with independent financial advisers (IFAs), trustees and institutions.
We want both advisers and their clients to thrive. Together with our partners, we aim to find the right financial solutions for all the chapters of our customers’ lives. These include savings, investments, tax and estate planning, insurance and mortgages, as well as retirement products. By providing solutions where everyone can achieve their financial and life goals. We also look to ensure that our customers’ legacies are always preserved and protected.
Valuing the importance of sound financial advice, many of our products can only be accessed through an adviser.
Our global family
We’re proud to be part of a large and global family. Along with companies across North America, the UK, Europe and Asia, Canada Life UK and our sister company, Canada Life Asset Management, are part of Great-West Lifeco.
Founded in 1891, Great-West Lifeco is listed as a member of the Financial Times Global 500.
Our parent company takes sustainability as seriously as we do, and has made inclusivity a fundamental strategic aim.
Our sustainability strategy
We’d like to see a world that prioritises the health of our environment. Which is why we’re working with businesses and governing bodies to confront the negative effects of climate change.
We also firmly believe that there’s a clear link between strong Environmental, Social and Governance (ESG) performance, the financial outcomes of our customers, and our business returns.
Our sustainability strategy includes not only our own operations, but extends to all areas of our business, including investments. Our goal is to address ESG considerations in a way that delivers financial security to our customers, combats climate change, and safeguards the long-term success of our business.
Given our position as a leading financial services provider, we’re well positioned to drive our sustainability vision forward and make a meaningful difference.
The four pillars of our sustainability strategy
Promote diversity, equity and inclusion
Inclusivity is at the heart of our culture. We believe that diverse ideas drive innovation, which is essential to our ongoing success.
Combat climate change
Our climate strategy focuses on the investments we manage, as well as on making our operations sustainable.
Support our communities and charities
Beyond our products and solutions, we care about strengthening the communities in which we live, work and do business
Our impact through the UN Sustainable Development Goals (SDGs)
The UN Sustainable Development Goals (SDGs) are a collection of powerful and aspirational objectives aiming to transform our world. They were adopted in 2015 by the UN’s 193 member nations and form the core of the 2030 Agenda for Sustainable Development.
We’ve aligned our sustainability values and strategy with five of the 17 UN SDGs, which represent the areas in which we’re best positioned to make a significant difference:
To find out more about the UN Sustainable Development Goals please click on the images above.
Highlights from our achievements so far
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Awarded UK Stewardship Code signatory status
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Became a Taskforce on Climate-related Disclosures (TCFD) supporter
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Published our first climate disclosure following TCFD recommendations
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Committed to a goal of 35% female senior leaders by 2025
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Celebrated our CEO’s inclusion in the 30% Club
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Report on gender and ethnicity pay gaps
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Reduced the size of our owner-occupied corporate estate and increased our energy efficiency
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Invested £1bn in social housing
Sources-
1. As at Dec 2022
2. As at Dec 2022
3. As at Dec 2022
4. SWISS RE Group Watch 2022
5. Acuity, Oct 2022