Canada Life has launched a range of 14 pension funds managed by wealth manager Brewin Dolphin.
It is the first time a retirement provider has partnered with Brewin Dolphin's Managed Portfolio Service (MPS) outside of a fund platform. The range - made up of seven active and seven passive multi-asset insured options - is risk-adjusted for different risk profiles. They are exclusively available through the Canada Life Retirement Account. The provider said funds can be mixed and matched with other funds from the Retirement Account range (or combined with guaranteed income) to provide a "bespoke savings and income solution for clients which is currently not possible using a platform...
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