Financial services provider Canada Life UK's international wealth division achieved sales growth of 42% year-on year, its 2025 full year results show.
The provider saw its total sales growth up 17% year-on-year to £5.2bn, which it said was driven by "record sales" in its international wealth and retirement business. Canada Life's international wealth arm recorded sales growth of 42% year-on year, "driven by strong customer demand for international products and changes to the UK tax landscape," it set out. In its retirement services, individual annuities saw 17% growth, which Canada Life attributed to customers and advisers increasingly incorporating annuities into wealth planning strategies. Canada Life said that protection sale...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
