About Canada Life
This Equity Release review focuses on Canada Life, retirement, investment and protection specialists for individuals, families and companies.
Canada Life’s parent company Great-West Lifeco was founded in 1847 and is the oldest Canadian life assurance company.
Their UK operation started in 1903 and they acquired Retirement Advantage in January 2018, a company that provided a range of simple, flexible and secure products for those approaching retirement.
The Canada Life range of equity release schemes are regulated by the Financial Conduct Authority and they are members of the Equity Release Council, which means they have voluntarily agreed to abide by the principles of their membership. Plus Canada Life has won awards for their products and services including:
- The Mortgage Awards winner 2018 for later life lender of the year
- The Equity Release Awards winner 2017 for best provider for product innovation
- Moneyfacts 5 star award for Equity Release 2018