Canada Life
United Kingdom | 10 Jun 15
Canada Life Int’l hires new chief financial officer
Isle of Man-headquartered, Canada Life International, has recruited a former actuary from Zurich International to work as its chief financial officer.
Annuities set to weather UK pension reforms
Annuities are expected to see enduring demand in the UK despite the pension reforms in April, though most financial advisers forecast that drawdown products will become the more popular retirement option, according to new research from Canada Life.
Canada Life prepares for IHT changes with ‘unique’ product
Canada Life has launched what it describes as a “unique” estate planning product to protect overseas investors and owners of large estates against inheritance tax liabilities.
Offshore Bonds | 29 Apr 15
UK onshore bond sales up as offshore dips
New business sales of UK-distributed offshore bonds fell by 10.7% last year but were contracting at a slower pace than in recent years, while the onshore version saw sales pick up in 2014 for the first time since the financial crisis.
Advisers must brace themselves for new IHT trust duties from next March, warns Canada Life
Advisers must prepare clients for new tax and reporting requirements on trusts, as an inheritance tax (IHT) law introduced by the last Labour government reaches its tenth anniversary next March, Canada Life has warned.