Canada Life extends 1% extra allocation offer

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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...

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