Canada Life transfers over £2bn annuities from Retirement Advantage

Pedro Gonçalves
clock • 1 min read

Canada Life is taking over Retirement Advantage's £2bn annuity book after acquiring the provider last year. When it was bought, Retirement Advantage had over 30,000 pension and equity release customers, and more than £2bn of assets under management, including a £1.5bn block of in-force annuities.  Retirement Advantage has re-branded it's entire product range to Canada Life after it was bought by the Canadian multinational in January last year. The move meant moving the Retirement Advantage adviser and product portals to the Canada Life website.   Now, guaranteed annuity or flex...

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