Canada Life has announced its post Retail Distribution Review (RDR) adviser-charging structure across its core retirement, onshore and offshore investment solutions.
The company will facilitate a combination of initial, ongoing and ad-hoc charges in percentage and monetary terms. The company has also amended its product designs where necessary to meet RDR requirements, but will continue to offer its existing products and commission options until the end of the year. Managing director of wealth management for Canada Life, Peter Towers, said: "Canada Life can now provide advisers with access to both onshore and offshore RDR compliant products with a variety of adviser charging options to suit intermediary businesses and their clients. We have develo...
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