Canada Life launches offer on its flexible onshore bond

Canada Life is offering a 50% reduction in its Flexible Investment Bond establishment charge for premiums of £25,000 and over. This special offer runs from 3 June until 6 September 2013. The Flexible Investment Bond features a wide range of adviser charging options, a comprehensive fund range plus award-winning service backed by a published charter and online support.

Peter Towers, Managing Director Wealth Management, Canada Life said:

“Onshore bonds are an attractive solution for many investors, offering broad investment choice and tax deferred income options in a straightforward package. We believe that Canada Life’s Flexible Investment Bond is one of the leading products on the market, plus we offer a variety of adviser charging options to suit each individual adviser firm and their clients.

“With our new promotional offer, the Flexible Investment Bond is now even more competitive and we remain fully committed to supporting advisers through our respected Technical Services Team, our ‘ican’ initiative and our award winning levels of customer service.”

Advisers can obtain product illustrations online with Avelo and Assureweb or through their account manager and from the Canada Life adviser support team on email: adviser.support@canadalife.co.uk or phone: 01707 422927.

– ENDS-

 Notes to editors

 

Establishment charges

Investment amount

Flexible Investment Bond
Standard terms

Flexible Investment Bond
Special offer terms

£25,000 – £49,999

2.0%

1.0%

£50,000 – £199,999

1.5%

0.75%

£200,000 or more

1.0%

0.5%

The figures above apply to individuals aged 80 or less.

The establishment charge can be deducted when the investment is made or deducted in 60 monthly instalments over the first five years.

If deducted when the investment is made the allocation rate is reduced by the establishment charge.

For further information on Canada Life please contact:

Hugh Murphy

The Wriglesworth Consultancy

020 7427 1400

About Canada Life

Canada Life is part of a group of companies controlled by Great-West Lifeco Inc., a diversified financial services holding company headquartered in Winnipeg, Canada. Through its subsidiary companies, Lifeco has operations in Canada, the United States, and Europe. Great-West Lifeco and its insurance subsidiaries have received strong ratings from major rating agencies.

Canada Life Limited, a wholly owned subsidiary of Great-West Lifeco, began operations in the United Kingdom in 1903 and looks after the retirement, investment and protection needs of individuals and companies alike. As well as providing stability and security through its individual contracts, Canada Life Limited has grown to become the leading provider of competitively priced group insurance solutions. www.canadalife.co.uk/ifa

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 Insurance and Pensions Authority.  Canada Life International Assurance Limited is authorised and regulated by the Central Bank of Ireland.

 

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