Existing Customers

If you have a workplace pension through Canada Life, this is relevant to you.

In February 2015 the Financial Conduct Authority (FCA) set out new rules for Providers operating workplace personal pension plans (Canada Life have less than 3,000 such policies) to take effect from 6 April 2015. From that date, those Providers had to have set up an Independent Governance Committee (IGC) or appointed a Governance Advisory Arrangement (GAA) whose principal functions would be to:

• Act solely in the interests of the relevant policyholders (i.e. the members) of those pension plans and to

• Assess the 'value for money' delivered by the pension plans to those relevant policyholders.

The FCA rules also require that the Chair of each IGC and GAA produce an annual report setting out a number of prescribed matters.

Canada Life appointed PTL as a Governance Advisory Arrangement. Read the annual report in respect of Canada Life's workplace pension plans and the Terms of Reference.

If you have a with-profits policy with us, this is relevant to you.

We have produced guides for each of our With-Profit Funds. Please click on the link to access the appropriate guide.

The Manulife Fund - a guide to how the fund is managed

Policyholder Reports

2018

The Manulife Fund of Canada Life Ltd - Annual Report 2018

Terms of Reference of the Independent Person

The document below has been created to provide information on Canada Life's roles and responsibilities, along with the terms of reference for the Independent Person appointed to provide oversight to these funds.

Term of Reference of the Independent Person for the Manulife Fund