Business Details
Trusted Financial Advisers in the UK | Canada Life
Canada Life has been a trusted name in financial advisory services since its establishment, offering a comprehensive range of investment, pension, and insurance solutions tailored to meet diverse client needs. With a strong offshore heritage and a commitment to financial strength, the company provides tax-efficient investment bonds, retirement planning products, and workplace protection services. Backed by a 'A, Superior' financial strength rating from AKG, Canada Life combines global expertise with local market knowledge to deliver personalized financial strategies. The company specializes in equity release, trust management, and asset management, ensuring clients benefit from innovative solutions and expert guidance.Dedicated to customer-centric principles, Canada Life prioritizes transparency, reliability, and long-term client relationships. Its services are accessible through independent financial advisers, ensuring tailored advice aligned with individual financial goals. The company also offers 24/7 wellbeing support through digital platforms like WeCare and myStrength, enhancing client support beyond traditional financial services. With a focus on adaptability and client education, Canada Life remains committed to evolving with market demands while maintaining its reputation as a leader in wealth and protection solutions.
Services
Investment Bonds
Pension Plans
Equity Release
Trust Management
Group Life Insurance
Income Protection
Critical Illness Cover
Asset Management
Wealth Planning
Workplace Protection
Highlights and features
- We offer over 175 years of financial expertise and innovation.
- Our 'A, Superior' financial strength rating ensures client confidence.
- We provide personalized solutions through independent financial advisers.
- 24/7 access to wellbeing support services like WeCare and myStrength.
- Our tax-efficient products prioritize long-term client financial security.
Associations and certifications
- AKG
Services
Investment Bonds
Canada Life offers tax-efficient investment bonds with flexible portfolio options. These bonds provide long-term growth potential through diversified fund choices, ideal for individuals seeking structured wealth accumulation. Clients benefit from expert asset management and offshore investment opportunities tailored to their risk profile and financial goals.
Equity Release
Our lifetime mortgages allow homeowners to unlock tax-free cash from their property without selling. Products include Capital Select, Lifestyle Select, and Second Home Options, designed to meet retirement funding needs while maintaining property ownership.
Workplace Protection
Canada Life provides comprehensive group protection plans, including life insurance, income protection, and critical illness cover. These policies support employee wellbeing with tax-free benefits and additional services like bereavement counselling and virtual health support.
Pension Plans
We offer flexible pension products such as Fixed Term Income Plans and Purchased Life Annuities. These solutions provide guaranteed retirement income streams, with options for tax-efficient withdrawals and inheritance planning through trust structures.
Trust Management
Our trust services include Gift Trusts, Excluded Property Trusts, and Probate Trusts. These tax-efficient solutions help clients preserve wealth for beneficiaries while complying with inheritance tax regulations and trust registration requirements.
Questions
What investment options are available through Canada Life UK?
We offer tax-efficient investment bonds, offshore savings accounts, and discretionary fund management services.
Do you provide workplace protection services?
Yes, we offer Group Life Insurance, Income Protection, and Critical Illness policies with wellbeing support.
Can I access equity release products directly?
Equity release products require advice from a qualified financial adviser for suitability assessment.
What digital support tools are available?
We provide 24/7 access to WeCare (health and wellbeing) and myStrength (mental health) apps.
How are Canada Life UK's financial strength ratings maintained?
Our 'A, Superior' rating from AKG reflects consistent financial stability and industry-leading practices.
Videos
Reviews (5)
Hazel Rabin
Apr 14, 2022
Report
Canada Life have let me down by something which wasn't my fault and I was supposed to have a completion date and was let down at the last minute we are now very disappointed and distressed and we are deeply disappointed and upset. THANKS TO CANADA LIFE FOR LETTING ME DOWN NOW WE WILL BE TAKEN TO COURT AND LOSE OUR HOME We are both devastated
Steph H.
Apr 02, 2021
Report
Awful service. Don't get back to you so you have to chase by phone on their premium rate number. 5 star reviews seem to be from members of staff! Stay away from this company. Absolute joke and the last thing your loved ones need when you pass away!
E. Gtguy
Apr 23, 2020
Report
Very bad recruitment experience! Very bad inhouse recruitment staff. They call you up, all enthusiastic about an 'exciting opportunity they have available', then after spending nearly an hour of your time, they disappear off the face of the earth! Don't even bother trying to get a job here, you will surely regret the experience!
Simon Clark
Feb 20, 2019
Report
Having had the misfortune of dealing with these jokers for a couple of years, I'm amazed that any organisation as incompetent as Canada Life is able to operate in a regulated financial services industry. They sold investments without permission, 'mis-keyed' a transaction in their favour by 26,000, are unable to provide even the simplest transaction information, and have generally treated us with contempt.
These mistakes have cost us a lot of time and money, including over 1,000 in solicitor's fees (which they eventually agreed to cover). I literally wouldn't use Canada Life again if they were the last financial services company on earth.
These mistakes have cost us a lot of time and money, including over 1,000 in solicitor's fees (which they eventually agreed to cover). I literally wouldn't use Canada Life again if they were the last financial services company on earth.
Charlotte Baldwin
Dec 19, 2017
Report
BEWARE - ABSOLUTE SCAM. They ask for current/past address, name change, national insurance number, previous employer. Then ask you to send birth/marriage certificate or passport if you've had a name change! SCAM, SCAM, SCAM!
