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Canada Life appoints Tom Evans to Managing Director of Retirement

Canada Life has appointed Tom Evans to the position of Managing Director of Retirement. Tom was appointed interim MD of Retirement in Autumn 2022, subsequent to a highly successful tenure as Managing Director of Home Finance. Tom completes nine years with Canada Life this month and will continue reporting to Lindsey Rix, Chief Executive, UK. 

Lindsey Rix, Chief Executive, Canada Life UK said: 

Since his appointment as interim MD last Autumn, Tom has played a key role in bringing together Individual Annuity and Home Finance into one Retirement business. His wealth of expertise and leadership, combined with a deep understanding of our markets and our industry, are a real asset in driving forward this important part of our business. 

“Tom will play a vital role in our focus to continue understanding and meeting our customers’ evolving needs.” 

Tom Evans, Managing Director, Retirement, Canada Life UK commented: 

“It’s exciting to be leading the Retirement Division forward at a time of such significant opportunity for our business and customers. I’m looking forward to working with my team to build on the fantastic work done so far to maximise the opportunities that our Individual Annuity and Home Finance business units present.” 




Press enquiries should be directed to:

Elizabeth Murray, Vested, 07914 698310,

Notes to editors:

  1. Picture of Tom available upon request.

About Canada Life:

Canada Life is part of a group of companies controlled by Great-West Lifeco Inc., a diversified financial services holding company headquartered in Winnipeg, Canada. Through its subsidiary companies, Lifeco has operations in Canada, the United States, and Europe. Great-West Lifeco and its insurance subsidiaries have received strong ratings from major rating agencies.  Great-West Lifeco has over 38 million customers worldwide and £1.532trillion assets under administration (as at 31 December 2022).

Canada Life Limited began operations in the United Kingdom in 1903 and looks after the retirement, investment and protection needs of individuals and companies alike. As well as providing stability and security through its individual contracts, Canada Life Limited has grown to become the leading provider of competitively priced group insurance solutions. Canada Life acquired Retirement Advantage on 3rd January 2018 for an undisclosed sum. The acquisition added over 30,000 retirement income and equity release customers and more than £2 billion of assets under management including a £1.5 billion block of in-force annuities to Canada Life.

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 Limited and Canada Life International Assurance (Ireland) DAC are authorised and regulated by the Central Bank of Ireland.