articles & commentary from Canada Life

Canada Life

Investment & Brexit news for Financial Advisers and Paraplanners - Brexit, borders and Group Insurance

There has been much made of borders in the Brexit speculation. While focus has been on the Irish border, there is a generalised desire to limit the imposition of so-called “hard” borders after the UK leaves the European Union. more...

Protection news for Financial Advisers and Paraplanners - Multinational Pooling Advanced

Our last CPD edition looked at some of the high level concepts behind multinational pooling, including the history and background, an overview of the common models and benefits for corporations, advisers and insurers. This article will look at some practical examples to illustrate the models and the advantages and disadvantages of some of the alternatives. more...

Protection comment for Financial Advisers and Paraplanners - Brexit, borders and Group Insurance

There has been much made of borders in the Brexit speculation. While focus has been on the Irish border, there is a generalised desire to limit the imposition of so-called “hard” borders after the UK leaves the European Union. From a Group Insurance perspective, there are two populations that employers need to worry about: those on secondment and those moved into other overseas organisations or territories. more...

Tax update for Financial Advisers and Paraplanners - Canada Life: Powerful estate planning tools ignored or forgotten by wealthy Brits

Wealthy Brits over the age of 45 are forgetting or ignoring simple estate planning tools that could help them to pass on more of their estate to their families more...

Tax update for Financial Advisers and Paraplanners - Canada Life expands estate planning range

Canada Life has today launched the Select Account Discounted Gift Trust, an onshore discounted gift trust (DGT) to supplement its existing award winning estate planning proposition. more...

Tax news for Financial Advisers and Paraplanners - Canada Life Annual IHT Survey – 75% of wealthy unaware of new residence nil rate band IHT allowance

A remarkable 75% of wealthy people are unaware of the new “residence nil rate band“ inheritance tax allowance which is being implemented from April 1st, according to research by Canada Life*. more...

Partner announcement for Financial Advisers and Paraplanners - Canada Life: Double winners at the financial adviser service awards

Canada Life was awarded five stars in two categories at the Financial Adviser Service Awards, held on 24th November at The Natural History Museum and hosted by broadcaster and comedian, Dominic Holland. more...

Autumn statement comment for Financial Advisers and Paraplanners - Canada Life: Autumn Statement 2016: all change for the Chancellor

The UK has experienced plenty of political upheaval this year with the EU referendum followed by a change of leadership.  more...

Investment & Tax Webinar for Financial Advisers and Paraplanners - Canada Life: Planning opportunities with international investment bonds

With an international investment bond your clients can benefit from 5% tax-deferred withdrawals with no tax returns being required until a chargeable gain occurs. This offers simple and straightforward tax-efficient investment solution. Kim Jarvis, technical manager at Canada Life, explains how to make the most of the tax free allowances. more...

Trust webcast for Financial Advisers and Paraplanners - Canada Life: Estate planning innovation that stands the test of time

Canada Life has been helping people keep control of their estates for more than 40 years. Ensuring they have access to their money during their lifetime, and control over what happens after they've gone. more...

Partner announcement for Financial Advisers and Paraplanners - Canada Life International Investment Awards - October 2016

Canada Life celebrates Best International Life Office (UK) & Best International Portfolio Bond at the International Fund & Product Awards more...

Tax update for Financial Advisers and Paraplanners - Canada Life: Tax free gains? That can't be right, can it?

During his six years as Chancellor of the Exchequer George Osborne made several important changes to the way income is taxed. more...

Protection news for Financial Advisers and Paraplanners - Canada Life ‘keeps dancing’ at 2016 Moneyfacts Awards

Canada Life is celebrating another haul of trophies following a highly successful evening at the Moneyfacts Awards 2016 on 22 September at the Lancaster London Hotel in Central London. more...

Awards News for Financial Advisers and Paraplanners - Canada Life International wins three major awards at International Adviser Awards

Canada Life International is celebrating having scored a treble win at the International Adviser Awards 2016. Three major awards were presented for Best Overall Product Range, Best Offshore Protection Provider and Best International Life Office (UK). more...

Partner webinar for Financial Advisers and Paraplanners - Canada Life Webinar: Why International Investment Bonds - pinpoint tax planning

An international bond can be a perfect vehicle for controlling the tax point on the gains made and tax-efficient planning - including funding for a child's or grandchild's education. more...

Estate Planning Event for Financial Advisers and Paraplanners - Canada Life Webinar: Estate planning without the IHT angle

Placing an Investment bond in a suitable trust can be an effective way to reduce or mitigate inheritance tax (IHT). However, there are other benefits to this approach that have nothing to do with IHT. more...

Tax webinar for Financial Advisers and Paraplanners - Canada Life: Webinar: International Wealth Management Solutions for UK Resident Non-Doms

On 6 April 2017, the Government is planning to introduce the concept of 'deemed domicile' for all taxes, for all non-doms who have been resident in the UK for 15 tax years. This could significantly increase the tax liability of those individuals and bring more of them into the IHT net. more...

Retirement and Pension news for Financial Advisers and Paraplanners - Canada Life: Retirement Planning – Pensions and International bonds

With the introduction of the tapered annual allowance and the reduced lifetime allowance, retirement planning is somewhat limited for higher earners or those with generous final salary benefits or well-funded SIPPs with no further scope to fund their pensions. more...

Tax News for Financial Advisers and Paraplanners - Canada Life: Have your cake and eat it

Many people have an inheritance tax issue that, in theory, can easily be solved. If they make substantial gifts and live for seven years, then their families will have a lower or even non-existent inheritance tax bill. In practice, however, most people cannot afford such a simple solution. They have investments that they rely on to maintain their own standard of living. What they need to do is get investments out of the estate but retain the ability to receive regular payments from them for the foreseeable future. more...

Tax and Pension news for Financial Advisers and Paraplanners - Canada Life: Making the most of the new pension rules as part of estate planning

With the introduction of the pension freedoms which came in last year, there were also changes to the rules around pension death benefits, opening up the narrow definition of who could be classed as a beneficiary, as well as the tax treatment of those benefits once in the hands of the beneficiary. These changes provide new opportunities for incorporating pension death benefits into your overall estate planning. How are pension benefits taxed on death? more...

Pension News for Financial Advisers and Paraplanners - Canada Life: Survey of advisers about Fixed Term Income Products

‘Pensions Freedom' is a year old. What are your views of the current landscape for retirement income advice? As an adviser we would really like to hear your views. more...

Event News for Financial Advisers and Paraplanners - Canada Life: Glasgow seminars

At Canada Life, we have specialists who can help support your business and your clients as they move through various stages of their life. At this event we will hear from Cathy Russell, Tax and Estate Planning Consultant, who will explore estate planning considerations for those in second marriages – the potential issues and solutions. more...

Protection Event for Financial Advisers and Paraplanners - Canada Life: Edinburgh seminar

At Canada Life, we have specialists who can help support your business and your clients as they move through various stages of their life. At this event we will hear from Cathy Russell, Tax and Estate Planning Consultant, who will explore estate planning considerations for those in second marriages – the potential issues and solutions. more...

Tax webinar for advisers and Paralanners - Canada Life: UK Dividends Webinar: tax changes - are you up to speed yet?

The tax position of UK dividends changed dramatically on the 6 April 2016; the tax credit is no more and there is now a £5,000 yearly allowance. Are you up to speed yet on how this will affect your clients? Join Jeremy Pearson who will explain the changes, how it affects investment portfolios and the revised tax position for owner/directors and trustees. He will conclude with a summary of the target markets. more...

Pension News for Financial Advisers and Paraplanners - Canada Life: The blended strategy

Life was a degree more simple before “pension freedoms”, if clients had modest pension pots they were generally offered a lifetime annuity. This provided a guaranteed income for life. From an advisory position knowing from outset how long the process will take and charging a fee that was in line with client expectations was straightforward. more...

Investment News for Financial Advisers and Paraplanners - Canada Life: Taxation of Investment Bonds - Webinar

This webinar can be a handy refresher or an introduction to the subject of investment bond tax. more...

Tax news for Financial Advisers and Paraplanners - Canada Life: Back to school: how estate planning and gifting can help school fees

Independent education fees are not cheap. According to the Independent Schools Council Annual Census in 2015, the average annual fees are £11,970 for Junior School, £16,704 for Senior School and £20,838 for Sixth form. Meanwhile university tuition fees in England and Wales can now be as high as £9,000 per year, with living costs on top. This causes a headache for most fee paying parents. more...

Inheritance Tax News for Financial Advisers and Paraplanners - Canada Life: Insuring an IHT bill doesn’t hit home

So far in this series of articles we have looked at how to minimise your inheritance tax (IHT) through placing assets into trusts. But how to deal with the dilemma of a potentially large IHT bill but no liquid funds to place in a trust for example more...

Retirement News for Financial Advisers and Paraplanners - Canada Life's full Retire UK Report

Pre-retirees plan radically different retirement despite soaring wealth The next wave of retirees are set for a radically different retirement despite growing wealth. Our Retire UK Report sheds light on how the face of retirement has changed for the better. more...

Tax news for Financial Advisers and Paraplanners - Canada Life: The art of regular gifting to reduce your tax bill

For our second instalment in this new series looking at how you can cut your family’s inheritance tax (IHT) bills, we look at a solution ideal for those finding their feet in estate planning. more...

Canada Life: Budget statement Webinar 16 March

It’s that time again. The Chancellor of the Exchequer will make his Budget statement on 16 March, when he will reveal his proposed changes to taxation, allowances, property and ISA contributions. What is on the horizon for you and your clients? Neil Jones and Sam Newton of Canada Life’s ican Technical Services Team, will bring you up to date. more...

Tax Trust update for Financial Advisers and Paraplanners - Canada Life: Happy Tin Anniversary - or will it be?

This month, it will be ten years since the 2006 Budget when the Government made important changes to the way in which most trusts are treated for the purposes of inheritance tax (IHT). What overall impact have these changes had and what should trustees watch out for from 22 March 2016 - the ten year anniversary date? more...

Panacea Event for advisers and Paraplanners - Canada Life is pleased to be exhibiting at Retirement Choices 2016 by Panacea Adviser

Today’s retirees are fortunate that with the new pension freedoms they have a range of options to suit their personal circumstances. However, circumstances can change during retirement so flexibility is a key requirement. more...

Tax webinar for advisers - Canada Life: register now for our Tax Year End Planning webinar – all you need to know on tax planning and the changes to pensions and dividend taxation

Tax Year End Planning with the end of the tax year looming, tax planning and the changes to pensions and dividend taxation are very much on the agenda for you and your clients. Jeremy Pearson, from our ican Technical Services team, will explore tax planning opportunities including use of allowances, pension and ISA contributions and more. He also looks at the major changes happening on 6 April 2016. more...

Investment Webcast for financial advisers and paraplanners - Canada Life: register now for our Tax Year End Planning webinar

With the end of the tax year looming, tax planning and the changes to pensions and dividend taxation are very much on the agenda for you and your clients. Jeremy Pearson, from our ican Technical Services Team, will explore tax planning opportunities including use of allowances, pension and ISA contributions and more. He also looks at the major changes happening on 6 April 2016. more...

Investment News for Financial Advisers and Paraplanners - Canada Life: What’s in store for offshore?

Early 2016 is set to be a crucial period for advisers as anticipated legislation, planned consultative processes and one very significant anniversary battle for their attention. more...

Investment News for Financial Advisers and Paraplanners - Canada Life Death Benefits & Legacy Planning – Part 2

The changes to pension death benefits have created a number of opportunities around using pension planning as part of an estate planning exercise. The second part of this article will look at the benefits and drawbacks of using spousal bypass trusts and beneficiary’s drawdown, as well as other opportunities for using pension planning to mitigate IHT. more...

Pension news for advisers and paralanners - Canada Life Death Benefits & Legacy Planning

With the introduction of the pension freedoms back in April the rules around death benefits were changed in terms of the tax treatment and the flexibility, as to whom benefits could be left to. more...

Retirement news for Financial advisers and paraplanners - Canada Life Retire UK Report

Retiree financial firepower outguns wider population as silver army income almost triples in twenty years more...

Budget News for Financial Advisers and Paraplanners - Canada Life: 2015 Autumn Statement – a large rise in IHT receipts forecast over the next five years

Mr Osborne’s primary goal was to deliver the Spending Review, so there was a heavy emphasis on departmental expenditure and the £4,000bn expected total government spending over the next five years. Nevertheless, the Chancellor did make a number of tax-related announcements. more...

Pension and Retirement News for Financial Advisers and Paraplanner - Canada Life: The blended approach to retirement income

With the introduction of the pension freedoms in April 2015, your clients now have much more choice. In many cases, it is clear what is needed to meet their objectives. For example, some may simply want a guaranteed income for life and others will want complete flexibility. more...

Investment and Tax news for financial advisers and paraplanners - Canada Life: Which is best, a withdrawal or policy surrender?

The Upper Tribunal heard an appeal in the case of Joost Lobler, a policyholder who was left bankrupt after naively encashing 97.5% of his bond within two years of investing. more...

Pension news for Financial Advisers and Paraplanners - Canada Life: Changes to Pension Input Periods and the Tapered Annual Allowance

In addition to the Pension Freedoms that came into effect in April, the chancellor also announced in his Summer Budget changes to the annual allowance and pension input periods. Sam Newton discusses these changes and the opportunities they provide… more...

Retirement News for Financial Advisers and Paraplanners - Canada Life: Help your clients retire with confidence

The new pension freedoms have given your clients more choice and flexibility when it comes to their retirement income. This short animation outlines the options now available and the range of flexible solutions to help plan for their retirement. more...

Events for Financial advisers and paraplanners - Canada Life: Register now for our latest webinars - CPD opportunity

Spaces are still available to register for a choice of three webinars in September more...

Retirement update for financial advisers and paraplanners - Canada Life: Taking a tax efficient retirement income - a guide for paraplanners

With the introduction of the new pension freedoms, the flexibilities that were only afforded to a few are now available to all and where the majority of clients historically went down the annuity route, now many more will be looking to fully explore all the options now available to them. more...

Trust news for Financial Advisers and Paraplanners - Canada life: Trust in school fees planning

There are various ways grandparents (or anyone else for that matter) can help fund university costs for grandchildren, but there are some key facts that need to be established before any recommendations can be made. When looking at estate planning and IHT mitigation, you do need to consider each client’s circumstances and objectives. Here is a simple guide to outline the various IHT options that can be considered to help fund university costs. more...

Pensions reform update for Financial Advisers and Paraplanners - Canada Life: Tax implications of the new pension flexibilities

Sam Newton discusses the options available under the new pension freedoms and the tax implications. more...

Investment News for Financial Advisers and Paraplanners - Canada Life: Advisers report just 16% of clients understand new pension freedoms

In a recent survey conducted by Canada Life, Advisers reported that only 16% of their clients understood the new pension freedoms, highlighting the increasingly important role advisers have to play in guiding customers through retirement income planning. more...

Investment News for Financial Advisers and Paraplanners - Canada Life: Onshore bonds sometimes overlooked for the wrong reasons

This special edition of Technical Eye includes a number of articles about collective investments and onshore bonds, which are sometimes overlooked but can provide excellent planning opportunities for investors. more...

Investment News for Financial Advisers and Paraplanners - Canada Life: Planning opportunities and benefits presented by offshore bonds

We know bonds are ideal for inheritance tax planning because they’re simplistic. They can sit nicely inside a trust as the trustees don’t have to do annual returns every year unless there have been chargeable events. If you’ve included the grandchildren as lives assured, the bond can technically run throughout their lifetime providing generational planning. more...

Retirement events for Advisers and paraplanners - Canada Life talk ‘Retirement Income’ in Scotland

The changes to the retirement income landscape announced in the last Budget signalled the biggest shake up this market has seen for decades - but what does it all mean? And what options are available to your clients now that they can have full access to their pension pot at retirement? more...

Investment News for Financial Advisers - Canada Life: One third of advisers believe onshore bonds are being overlooked

New adviser research conducted by Canada Life found that many financial advisers believe onshore bonds are an underestimated source of investment. more...

Investment News for Financial Advisers - Canada Life: Who benefits most from platforms?

With the vast bulk of client money now going on to platforms, who really benefits? In association with Canada Life, Professional Adviser have hosted a roundtable debate on the subject. more...

Investment News for Financial Advisers - Canada Life: The important role of the onshore bond in financial planning

Watch a Q&A video and roundtable discussion, with para-planning and compliance personnel, on the relative benefits to investors of investing directly into OEICs or into an onshore bond. more...

Investment news for financial advisers - Canada Life: Here we go again: £1 million nil rate band? Read Canada Life’s Technical Services Team views

Seems campaigning has already started for the general election next year, with David Cameron talking about raising the level of the Inheritance tax (IHT) nil rate band. more...

Investment News for Financial advisers - Canada Life: Investment bonds and collectives - the right wrapper?

Canada Life’s Neil Jones discusses how offering clients solutions with compelling tax planning opportunities is a surefire way to demonstrate value in the post RDR world. more...

Investment news for financial advisers and paraplanners - Canada Life: Making the most of onshore bonds – a tax efficient investment vehicle for your clients

In the post RDR world, is there still a place for onshore investment bonds for advisers planning their clients' portfolio? Canada Life debates with industry figures. more...

Investment News for Financial advisers - Global Markets review from Canada Life

David Marchant, Chief Investment Officer and fund manager of the CF Canlife Portfolio Funds, provides an update on the global economy and recent market performance. more...

CPD events for Financial Advisers - Canada Life to continue providing CPD opportunities throughout the summer

Award winning technical experts will present a series of webinar events throughout August on the subjects of estate planning, onshore bonds and fund management. more...

Trust and estate planning news - Canada Life: The Controlled Access Account voted Best International Trust & Estate Planning Bond for the second year running.*

As your clients get older and more financially secure it is only natural that they consider the financial future of their family. more...

Investment webcasts for financial advisers and paraplanners - Canada Life: Helping you present an investment solution to your clients

For many of your clients investing will start with an ISA, but once their allowance has been used up, what options are available? more...

Investment webcasts for financial advisers and paraplanners - Canada Life’s July webinar events - CPD opportunity

We are delighted to announce our programme of webinar events for July. more...

Better Business for financial advisers and paraplanners - Canada Life’s June webinar events - CPD opportunity

We are delighted to announce our programme of webinar events for June. Please see below a brief description of each event and details of how to register. Each webinar will be hosted by a member of our award winning ican Technical Services Team or our E-Business Team. more...

RDR Survey for advisers - Canada Life: How has your business developed since the RDR?

We are carrying out some research into how your business has changed over the last couple of years. Has the Retail Distribution Review or any other changes in the industry made an impact? more...

Tax and ISA news for Advisers - Canada Life ican webinar programme

Canada Life is delighted to announce an additional Best of Both Worlds (estate planning) webinar event on 3 June due to popular demand. There are places still available for the two events on 20 May discussing onshore bonds and the Accumulation & Maintenance Trust. more...