Canada Life has announced its post-Retail Distribution Review (RDR) proposition and the charging options it will make available on its products.
The products include its onshore and offshore investments, annuities, protection and estate planning solutions. The proposition includes the removal of high-allocation charging options and the addition of comprehensive adviser charging facilities. Canada Life has said that the adviser-charging facility is designed to be as flexible as possible and that it will support a wide range of options to meet the fee structures agreed between clients and advisers. Canada Life will therefore facilitate initial, ongoing and single ad hoc adviser charge deductions from their onshore and offshor...
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