Canada Life completes third pension scheme buy-in with A.G. Barr p.l.c.
The agreement covers 160 deferred members and 140 pensioners of the A.G. Barr p.l.c. (2008) Pension and Life Assurance Scheme.
Canada Life appoints Dominic Carpenter to drive BPA commercial strategy
Carpenter said: “I am excited about Canada Life’s intention in the BPA market and feel privileged to be part of ensuring its ambition is realised.”
Canada Life extends WeCare wellbeing service to all group protection members
Access will be available to insured members, their partners and immediate families from today, 1st October, following their employer’s annual policy renewal.
Most SMEs offer health benefits, few use top-rated services – Canada Life
The survey showed that 82% of staff provided access to at least one insurance-based health or wellbeing benefit.
42% of Brits expect to retrain or switch careers as longer lives reshape work patterns – Canada Life
The research showed that 24% of Brits had switched industries, 20% had changed professions, 11% had gone back to education to support a career shift.
Most employers unsure how to manage older workers who choose to retire later – Canada Life
The survey showed that over a third (37%) of businesses have seen staff working later into life compared to five to 10 years ago.
One in three employers see ageing workforce as a business risk – Canada Life
83% of employers said people would need to work longer to support themselves in later life.
Majority of SMEs to adjust employee benefits amid NIC increase – Canada Life
The survey found that 61% of companies intended to modify their approach to insurance-based benefits to cut costs.
Early intervention is key to helping people back to work, says Canada Life
Dan Crook, managing director of Group Protection at Canada Life, expressed strong support for the Mayfield Review’s focus on health and employment.
Canada Life completes largest £361m pension buy-in
Shreyas Sridhar said: “Completing this transaction is a significant milestone for Canada Life."
West Bromwich Building Society pension scheme completes £70m buy-in with Canada Life
This transaction secures the benefits of all uninsured scheme members, covering about 490 deferred members and 400 pensioner members.
Half of population positive about living longer, but worried about quality of life, finds Canada Life
More than two-thirds (69%) said that retiring in their sixties would become a thing of the past, 25% disagreed that living longer meant that working longer.
