Canada Life has announced three fund link agreements with M&G and F&C in a move that takes the number of funds under the group's UK life and pensions product range to 72.
The new F&C link is to the UK Opportunities fund while links to M&G's Recovery and Global Basics portfolios represent a new partnership for Canada Life.
"The addition of these new fund links, through an already well-established partnership with F&C and a new partnership with M&G, has expanded Canada Life Wealth Management's investment range to over 70 funds," said Alain Wolffe, managing director of Canada Life Wealth Management. "These new links were formed as a direct response to adviser requirements."
Canada Life has also formed a tax and estate planning technical team that aims to offer adviser support for estate-planning products.
As an increasing number of advisers become more specialised in this area, the company said the restructured technical team would be regionally based so advisers may have meetings with local intermediaries on a one-to-one basis.
Moving offshore, Canada Life International is offering investors an inheritance tax (IHT) product designed to allow individuals to make capital while retaining sporadic access to cash, if required. The Wealth Preservation Account offers investors the chance to be exempt from income tax, pre-owned assets tax and charges to capital gains tax, while minimising income tax and IHT that may become payable in the future.
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