Please note the M&G funds are priced as at 06/12/18 and will be updated on the 11/12/18 due to no price being issued.
We have rebranded Retirement Advantage products as Canada Life. Visit our Retirement Account and Home Finance pages.
Please be aware the Canada Life International offices will be closed from 9am Monday 24th December, re-opening at 9am on Thursday 27th December. Then closing from 9am on Monday 31st December and re-opening at 9am on Wednesday 2nd January 2019.

Pension Investment Plan

A straight forward solution if you want your pension savings in one place

Whether you want to consolidate existing pension plans, contribute and build up benefits or have the flexibility to take lump sums up to the entire value of the plan from age 55, with the CanRetire Pension Investment Plan (PIP) you have the flexibility to do all three.

A professional adviser can assist you in choosing the most suitable options and investment strategy.

  • You and/or your employer can make single contributions
  • Invest your pension savings in a tax-efficient manner
  • Consolidate all your existing pension pots under the one plan
  • Pass benefits onto a beneficiary free of inheritance tax
  • Funds from a wide choice of leading investment managers
  • From age 55 onwards, access part or all of pension fund as a lump sum

The value of the plan can go down as well as up and you may not get back the full amount you invested. You should speak to a professional adviser to ensure that the PIP is suitable for you.

The PIP lets you consolidate pension savings, build benefits and from age 55 withdraw lump sums.

The PIP may be suitable if you are aged 18 or over, with at least £5,000 to invest and are looking to build retirement benefits or consolidate your existing pension savings into one product. 

Interested In More? Why Not Look At...

Wealth Preservation Account

Combining retirement and estate planning


Offshore Savings Account

Helping you supplement your pension income


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 by the Prudential Regulation Authority and regulated by the Financial Conduct Authority.