More Customer News


We’re reducing the interest rates on our Lifestyle Options

We’re pleased to announce that we’re reducing our interest rates. With effect from 10am today, Wednesday 13th May, the new interest rates on Lifestyle Lite and Lifestyle Gold will be:

 

 

Current interest rate (MER)

Current interest rate (AER)

New interest rate (MER)

New interest rate (AER)

Lifestyle Lite

2.76%

2.80%

2.60%

2.63%

Lifestyle Gold

3.00%

3.04%

2.74%

2.77%

 

Product features

Our product features include:

  • Remote valuations
  • Optional cash reserve facility for an additional 0.20% MER (approx. 0.21% AER)
  • 8 year fixed early repayment charges (ERCs)

 

Key documents

You can download the latest versions of our documents here:

Categories

All News

Search Our News Archive

Archive

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 (Ireland) DAC is authorised and regulated by the Central Bank of Ireland.

Stonehaven UK Limited and MGM Advantage Life Limited, trading as Canada Life, are subsidiaries of The Canada Life Group (U.K.) Limited. Stonehaven UK Ltd is authorised and regulated by the Financial Conduct Authority. MGM Advantage Life Limited is authorised and regulated by the Financial Conduct Authority.