Canada Life
Best Practice | 17 Oct 16
IHT knowledge gap means unexpected tax bill for many
More than three in five UK adults with assets above the individual inheritance tax (IHT) threshold do not know what the limit is and are potentially putting their families at risk of an unexpected tax bill, according to Canada Life.
Canada Life ends fair value adjustment on UK property funds
Canada Life has removed the fair value adjustment on property values in its commercial property funds imposed at the start of the month when it lifted a suspension of redemptions.
Canada Life lifts withdrawal ban on property funds
Canada Life has lifted the suspension of redemptions on its commercial property life and pension funds, after its decision on 6 July to put a stop on withdrawals in reaction to the UK’s Brexit vote.
Canada Life premiums jump 50% amid soaring fund sales
Canada Life’s second quarter premiums rose by more than 50% compared to the previous year due to a surge in the sale of funds, figures from its parent company Great-West Life show.
Canada Life reassures investors on life bond withdrawals
Canada Life has reassured financial advisers that clients using its life bonds can still access their money even if part of their funds are in suspended UK commercial property funds.