Canada Life
Retirement | 30 Jul 15
Life companies recommend trusts after UK disinheritance case
The case of a woman who secured £164,000 from her mother’s will despite being excluded from it has led the life industry to recommend trusts as a more secure way to distribute wealth upon death.
Offshore bonds to benefit from permanent non-dom abolition
The life industry has recommended offshore bonds to those facing UK tax on their foreign income, following the abolition of permanent non-dom status in yesterday’s Budget.
People Moves | 2 Jul 15
Canada Life names managing director for Legal & General Int’l acquisition
Canada Life Group has today completed its acquisition of Legal & General International (Ireland) while also announcing a new managing director and name for the Dublin-based operation.
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.