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Canada Life International

International investments, estate planning and protection

We offer a range of solutions, designed to grow our customers’ savings and investments. With over 35 years of unrivalled strength, our international business has over £21.3bn assets under administration (as at 23/10/2023), with the added stability of being part of Great-West Lifeco. All of this is backed by our highly regarded service, technical expertise and award-winning products and proposition.

Financial strength and experience

Our priority is to meet our customers’ needs. To achieve that we focus on being stable, reliable, and informed by experience. We’re proud that our international business is based in the Isle of Man and Ireland, two of the world’s leading international financial centres.

International locations:

Isle of Man – A lasting commitment

Canada Life International Limited and CLI Institutional Limited are based in the Isle of Man, and we're confident in our lasting commitment to the Isle of Man. Now one of the world’s leading international financial centres, it's renowned for quality financial services and built on unrivalled accessibility and ease of communications. The Isle of Man has a reputation centred around stable government, strong regulatory controls and policyholder protection.

Canada Life International has served the UK international bond market for over 35 years, and we’re one of the leading international providers. Whilst sensitive to the need to deliver value for money products, we’re committed to a high degree of technical competency, believing that technical support for advisers remains critical. We're the only international company to have received a five-star financial strength rating from actuarial consultancy firm, AKG, for twenty consecutive years.

CLI Institutional continues to receive strong ratings from specialist, independent agencies in relation to financial strength, unit-linked business, and commitment to service. Through this business, ultra-high net worth customers can obtain a level of policyholder protection that isn’t otherwise available to UK-based clients who wish to invest internationally.

Ireland – Strength and Stability

Canada Life International Assurance (Ireland) DAC is based in Dublin, recognised as another of the world’s leading financial centres, with a strong commitment to international financial standards and policyholder protection. One of the key benefits for investors is that there’s no VAT to pay on a discretionary fund manager’s charge. We also don’t pay any capital gains tax or income tax in Ireland on investments held on behalf of policyholders. We’re proud that CLIAI is rated five stars by actuarial consultancy firm, AKG. You can find more information in our Solvency and Financial Condition Report.

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Our comprehensive product range

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A 175-year heritage

We’re proud of our heritage. All of Canada Life International’s businesses are part of Great-West Lifeco, one of the largest financial services organisations in the world, with interests in life insurance, health insurance, investments, retirement savings and reinsurance. The ethos of our parent company, and their focus on putting the long-term needs of customers first, prevails throughout our businesses, and is one of the reasons why we’ve successfully looked after the financial futures of so many customers for so many years.

Together with Great-West Lifeco’s other subsidiaries, we serve the financial needs of more than 38 million customers and have more than £1.5 trillion in assets under administration (at 31 March 2023).

Our awards and ratings

A true reflection of the quality of a company’s proposition is the feedback, awards and ratings which it receives from those individuals and firms who recommend its product and services.

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