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Latest press releases
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59% of Brits confused by inheritance tax rules
Almost three in five (59%) UK adults admit they find inheritance tax (IHT) rules confusing, new research1 from Canada Life reveals – raising concerns that families could miss chances to pass on wealth efficiently or face unnecessary tax bills.
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Canada Life launches specialist cancer support to fill employee care gap
Workplace protection insurer Canada Life has extended the benefits of its group critical illness insurance to give employees facing the life-changing impact of cancer access to personalised, specialist cancer support.
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Families risk inheritance tax headache by not keeping record of gifts
Over half of over‑55s who have given financial gifts in the last seven years haven’t kept proper records, risking delays, tax issues and added stress for loved ones. Canada Life urges better tracking of gifts to avoid probate complications and missed IHT exemptions.
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Higher rates mean annuity customers break even seven years sooner
New research from Canada Life shows that today’s annuity rates have brought forward the break-even point by seven years compared to 2021 data.
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Canada Life appoints Rhian Littlewood as BPA Strategic Delivery Director
Canada Life has appointed Rhian Littlewood as Strategic Delivery Director, Bulk Purchase Annuities (BPA), effective 7 April 2026.
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Canada Life completes £40m buy-in with financial services sector pension scheme
Canada Life has completed a £40m full-scheme buy‑in for a financial services pension scheme, securing benefits for over 140 members. The transaction, supported by Hymans Robertson and other scheme advisers.
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Canada Life completes £30m buy-in with Phoenix Medical Supplies Pension Scheme
Canada Life has secured the future benefits for more than 145 pensioners and 80 deferred members of the Phoenix Medical Supplies Pension Scheme by delivering a £30 million full-scheme buy-in transaction.
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Canada Life completes £105m full scheme buy-in
Canada Life has completed a £105 million full-scheme buy-in with a UK pension scheme whose sponsor is in the industrials sector, securing the future benefits of over 350 deferred members and over 1,450 pensioners.
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Canada Life appoints new Head of Annuities and Head of Home Finance
March 9, 2026, Canada Life today announces the appointments of Kris Black as Head of Annuities and Alice Watson as Head of Home Finance within its Retirement business.
Media contacts
Rebecca Gladstone
Head of Public Policy and Public Relations
Email: Rebecca.Gladstone@canadalife.co.uk
Call: +44 7833 085387
Katie Ormrod
PR Manager
Email: Katie.Ormrod@canadalife.co.uk
Julie Hughes-Edwards
PR Manager
Email: Julie.Hughes-Edwards@canadalife.co.uk
If you are a customer, please call us on 0345 606 0708 or email us at Customer.Services@canadalife.co.uk