Canada Life extends 1% extra allocation offer

clock

Canada Life has extended its offer of 1% extra allocation on its new portfolio funds for Flexible Investment Bond (FIB) and Select Investment Bond (SIB) business until 30 September.

The offer, which adds 1% allocation on new investments for funds including the Canlife Cautious Managed fund, the Canlife Managed Distribution fund and the four Canlife F&C Lifestyle funds, was previously due to finish on 30 May. Funds can be selected through Canada Life’s Investment Planner tool and are automatically rebalanced to maintain a match to the asset allocations used by the tool. The additional investment will be allocated across all the funds in the FIB or SIB in the same proportions as the initial premium is divided between the offer funds. Alain Wolffe, managing director of...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

PA360: It is 'impossible' to pick out the best asset class every year

PA360: It is 'impossible' to pick out the best asset class every year

‘The outsourced route is one that a lot of advisers are now taking’

Hope Coumbe
clock 26 April 2024 • 2 min read
PA360: Framing of information to investors 'extremely pervasive'

PA360: Framing of information to investors 'extremely pervasive'

Consumer Duty states consumer biases must not be exploited

Jenna Brown
clock 25 April 2024 • 1 min read
Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read