Canada Life has appointed Dominic Carpenter as Commercial & Strategy Director, Bulk Purchase Annuities (BPA), effective 6 October 2025.
In this new role, Dominic will lead the commercial development of Canada Life’s bulk annuities business and drive initiatives across commercial strategy, reinsurance and pricing to support its BPA growth ambitions.
Dominic joins Canada Life from Phoenix Group, where he most recently served as Group Capital Director. He also spent 10 years at Legal & General as Group Capital Director and Head of Reinsurance & Structuring for the BPA business.
Shreyas Sridhar, Managing Director, BPA, Canada Life comments:
“I am excited to welcome Dom to Canada Life, and I look forward to working closely with him to drive the growth of our BPA business.
“Dom is an exceptional leader in our market and brings a wealth of commercial expertise and acumen to Canada Life’s growing BPA team. He is one of the pioneers in the UK pension derisking industry and I’m delighted he is joining us at an exciting stage of our growth. Dom will be instrumental in driving our ambition to become a market-leading provider of pension de-risking solutions, with member experience at the core of everything we do.”
Dominic Carpenter comments:
“I am thrilled to be joining Canada Life’s BPA team at this time of heightened strategic focus on the BPA market and relish the opportunity to further develop its market offering. Canada Life has fantastic foundations and a culture which puts the financial security of pension schemes and pensioners at the heart of what it does, and makes it a company I will be proud to be part of. I am excited about Canada Life’s intention in the BPA market and feel privileged to be part of ensuring its ambition is realised.”
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Notes
Enquiries:
Press enquiries should be directed to:
Julie Hughes-Edwards, Canada Life, +44 7803 249343, julie.hughes-edwards@canadalife.co.uk
Rebecca Gladstone, Canada Life, +44 7833 085387, rebecca.gladstone@canadalife.co.uk
About Canada Life:
Canada Life is part of a group of companies controlled by Great-West Lifeco Inc., a Canadian headquartered, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. Through its subsidiary companies, Great-West Lifeco operates in Canada, the United States, and Europe. Great-West Lifeco trades on the Toronto Stock Exchange under the ticker symbol GWO and is a member of the Power Corporation group of companies.
Canada Life Limited began operations in the United Kingdom (UK) in 1903 and provides UK individuals and businesses with a range of retirement, investment, insurance and wealth solutions. Canada Life offers individual annuities, pension de-risking solutions, home finance, estate planning and investment options, and workplace protection products.
Canada Life Limited (no.973271) is registered in England and Wales, authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Stonehaven UK Limited (no.05487702), trading as Canada Life, is registered in England and Wales and is authorised and regulated by the Financial Conduct Authority. Canada Life International Limited (no.033178C) and CLI Institutional Limited (no.108017C) are Isle of Man registered companies authorised and regulated by the Isle of Man Financial Services Authority. Canada Life International Assurance (Ireland) DAC (no. 440141) and Canada Life International Assurance (Ireland) DAC are authorised and regulated by the Central Bank of Ireland.
Canada Life Asset Management is the brand for investment management activities undertaken by Canada Life Asset Management Limited (no.3846821), Canada Life Limited and Canada Life European Real Estate Limited (no.03846823). Canada Life Asset Management Limited is authorised and regulated by the Financial Conduct Authority.
Please note that while Canada Life Limited and Canada Life Asset Management Limited are regulated as stated above, property management and the provision of commercial mortgages are not regulated activities.