HERO Save And Invest 1440X5202

Save & Invest

Helping you reach your life goals

Our range of UK and International investment accounts are designed to help you achieve your goals, whatever stage of life you’re at. Whether you want a straightforward investment bond to help make the most of your money, or an account that gives you greater flexibility and choice over your investments.

The different ways to invest with Canada Life

Ico Temp Money 7

Onshore

Issued in the UK, we pay the tax on any income and gains within the funds. This means basic rate taxpayers won’t pay any more income tax when the bond is cashed-in.

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Ico Temp Money 8

Offshore

Issued outside of the UK, often from Ireland and the Isle of Man. These bonds can be more tax-efficient and offer a wider range of investment options.

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Accounts we offer

Select Account

A simple, onshore investment bond

  • Simple, transparent charging structure
  • Phased investment option
  • Unlimited free switching between funds
  • Regular withdrawals option

 

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Delta Account

A simple, offshore investment bond

  • Unlimited free switching between funds
  • Tax-efficient growth
  • Invest in sterling, euro or US dollars 
  • Regular withdrawals option
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Offshore Savings Account

A simple, tax-efficient savings plan

  • Open an account with just £500 a month
  • Tax-efficient growth
  • Invest in sterling, euro or US dollars
  • Flexible payment and withdrawal options
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Premiere accounts

Premiere Account and Premiere Europe Account

Our most flexible offshore accounts

  • Our widest range of investment options
  • Tax-efficient growth
  • Invest in sterling, euro or US dollars
  • Regular withdrawals option
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Elite and Prestige Account

Greater protection for large investments

  • Minimum investment level of £1 million
  • Unrivalled level of investor protection
  • Tax-efficient growth
  • Regular withdrawals option
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What are the risks?

The value of your investment can go down as well as up and you may get back less than you invest. Tax rules depend on the type of investment and individual circumstances and may change.

Compare investment products

Select Account Premiere Account Premiere Europe Account Delta Account Elite and Prestige Accounts Offshore Savings Account
Issued from Canada Life (UK) Canada Life International (Isle of Man) Canada Life International Assurance (Ireland) Canada Life International (Isle of Man) CLI Institutional (Isle of Man) Canada Life International (Isle of Man)
Minimum initial investment £5,000 £50,000 £50,000 £3,000 £1 million Zero (or £7,500 if regular premiums are not used)
Regular premium option No Yes, minimum of £2,500 a month Yes, minimum of £2,500 a month No No Yes, minimum of £500 a month
Investment choice Over 150 insured UK life funds Any permissible fund plus cash deposits and the segregated portfolio service Any permissible fund plus cash deposits and the segregated portfolio service Over 150 insured Isle of Man life funds Any permissible fund plus cash deposits Over 150 insured Isle of Man life funds
Maximum number of sub-policies 999 99,999 99,999 10 998 10
Bond currency £ £ $ €  £ $ €  £ $ €  £ $ €  £ $ € 
Free fund switching Yes No No Yes No Yes
Platform / DFM links No Yes Yes No Yes No
Capital redemption option No Yes Yes No Yes No
  Learn more Learn more Learn more Learn more Learn more Learn more

Your investment choices

Insured life funds

Our core range of investment funds.

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Open investment range

Explore investment options for your offshore bond.

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Cash deposits

Invest into cash deposits with your offshore bond.

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Discretionary fund managers

Access the expertise of an investment manager.

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Segregated Portfolio Service

Access our widest investment choice for offshore bonds.

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Platforms

Use platform functionality with your offshore bond.

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Why choose Canada Life for saving and investing?

Wards
Award-winning range of products
Performance 2
Market-leading expertise and customer service
Bank
Part of Great-West Lifeco with over £987bn in assets (as at 30 June 2020)
Investment Bonds

A guide to Investment bonds

Discover investments bonds with information about onshore and offshore bonds

Guide to investment bonds

Learn more about investing

Guide to investment bonds

Get an overview of onshore and offshore investment bonds.

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Guide to investing

Read about the different types of assets you can hold in a bond.

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Managing investment risk

Learn about risk and how diversification can help.

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Next steps

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Customer support

Find answers to commonly asked questions, helpful links, tools and contact details.

Customer support
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Get in touch

Contact our onshore team

0345 606 0708

or send an email

Contact our offshore team

+44 1624 820 200

or send an email

Monday – Friday 9am to 5pm

Other contacts