Flexible Investment Bond

For existing policyholders who want to make additional investments

The Flexible Investment Bond from Canada Life is no longer open to new business, however if you are an existing policyholder looking to make an additional investment then you are able to add money to your Bond. This can offer significant tax advantages over investing in a new policy.

The ability to top-up an existing arrangement means that not only is the administration simplified, with investments in one bond, but you may pay less tax when you take money out of the bond in the future.

In addition to this, you will have access to the same comprehensive range of investment funds and product options in a tax efficient investment.

As a market leading provider of onshore bonds, Canada Life offers you the security you need from an investment partner.

The Bond can be a tax efficient solution for investors because tax is accounted for in the investment, which means no basic rate income tax liability will exist when a chargeable event occurs.

  • The Bond offers a choice of charging structures, allowing you and your adviser to select the most suitable option.
  • Additional amounts are invested equally over the in force policies making up your bond, providing flexibility when you want to take money from the investment.
  • The underlying fund selection can be changed, without charge, at any time.
  • A comprehensive phased investment facility is available allowing money to be moved between different investment funds over a required period of time.
  • In addition to withdrawals being available every month, quarter, half-year or year they are also available on a termly basis to help with school fees planning.

The Flexible Investment Bond is an investment solution that can be tailored to your objectives, both now and in the future. Our investment solution has been achieved through our rigorous fund selection and governance process; drilling down through thousands of funds that are available today – refining the choice into a high quality range of over 150 funds.

The value of investments can fall as well as rise and you should speak to a professional adviser to ensure that any investment is suitable for you.

The Flexible Investment Bond offers a simple and straightforward, tax-efficient investment solution for existing policyholders who want to invest a further lump sum.

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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.