We have rebranded Retirement Advantage products as Canada Life. Visit our Retirement Account and Home Finance pages.

The Retirement Account

The Retirement Account - Certainty, flexibility and simplicity for life. 

Instead of having to choose between a Guaranteed Annuity, Pension Savings and Pension Drawdown, The Retirement Account allows you to combine one, two or even all three in the same place*.

Offering considerable flexibility and choice - helping you manage your pension investments and benefits over the span of your retirement. It also has the ability to leave money to loved ones.

Find out more in The Retirement Account customer brochure 

*To have Pension Savings you must also hold a minimum investment in Pension Drawdown – to read about our minimum amounts of investment please download our Technical summary 

  • You can choose how much of your money is invested in Pension Savings, Pension Drawdown and how much will purchase a Guaranteed Annuity.
  • You have the flexibility to alter your account as time goes by - change your Pension Drawdown and Guaranteed Annuity income levels according to your lifestyle and financial planning needs.
  • You have the ability to take out lump sums from Pension Drawdown whenever you want, to top up your income, or for those unexpected times when a little extra money is needed.
  • A range of investment choices that can be matched to your attitude to risk.
  • The ability to pass on money to your loved ones.
  • Tax planning features that can help you and your beneficiaries manage how much income you receive and how much income tax you pay throughout your retirement.

Our fund range has been designed to cater for the needs of different investors with different attitudes to risk. All the funds have a strong track record of performance in their sectors, with the potential for successful growth in the future. However, the value of investments can go down as well as up.

Find out more in The Retirement Account Investment Fund Summary

Funds

Daily Unit Prices 

 

Jeremy: "I just want a regular income, the ability to withdraw small cash amounts and leave a legacy for my loved ones" 

Learn how The Retirement Account can help Jeremy meet his retirement needs

Rebecca: "I want to top up my existing state pension and have the ability to draw money when I require"

Find out how The Retirement Account can help Rebecca 

The Retirement Account

Pension Investment Plan

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

More

Lifetime Annuities & Scheme Pension

A guaranteed income for life

More

Find an adviser

Contact us - The Retirement Account

For product information, progress on your application, policy queries and general enquiries:

0800 032 7690
customers.ra@canadalife.co.uk

Phone lines are open from 8am to 6pm, Monday to Friday

Correspondence: 
Canada Life Limited, Customer Services, PO Box 4993, Worthing, BN99 4AE

"I just want a regular income, the ability to withdraw small cash amounts and leave a legacy for my loved ones"
Jeremy
Find an adviser

Contact us to find out more

United Kingdom
0345 606 0708

International
01624 820200

United Kingdom
customer.services@canadalife.co.uk

International (Isle of Man)
focus@canadalifeint.com

International (Dublin)
distributionsupport@canadalifeint.ie

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.