Canada Life Int. to launch new Portfolio Bond

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Isle of Man-based Canada Life International (CLI) will launch a new portfolio bond in November with more products in the range to follow next year.

The bond, the Dimensions Preference Account, will provide clients with access to a number of top performing funds. The product offers four charging structures and the facility to pass on commission to the IFA or fund adviser and the client. It also provides fund-specific illustrations showing the ongoing available rebates and the effect of investing in the chosen portfolio of funds. Canada Life International says the bond forms the first part of its four strong Dimensions product range due for launch next year. To comment on this story contact: Jennifer Bollen Reporter Tel: 020 7034 2...

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