Better annuity awareness needed, Canada Life says

Disclosure of health conditions can lead to “significantly” improved income, analysis finds

Jasmine Urquhart
clock • 1 min read
Canada Life says clients should be aware of the benefits of disclosing health information
Image:

Canada Life says clients should be aware of the benefits of disclosing health information

Canada Life says better understanding of annuities can lead to “significant” improvements in retirement income.

After analysing annuity rates last week (week beginning 20 February), the firm found that disclosure of common health and lifestyle conditions could significantly improve retirement income. It s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Buzz: Are you concerned about the increasing threat of AI on pension fraud?

Buzz: Are you concerned about the increasing threat of AI on pension fraud?

Generative AI, Pensions UK report and TCFD reporting requirements

Professional Pensions
clock 18 May 2026 • 1 min read
DWP publishes report on gender pensions gap

DWP publishes report on gender pensions gap

Comes ahead of interim Pensions Commission report which is due to be published this week

Holly Roach
clock 18 May 2026 • 4 min read
Smart Pension launches guided retirement support service

Smart Pension launches guided retirement support service

Service will offer guidance to savers aged 45 and over to make ‘informed’ retirement decisions

Martin Richmond
clock 18 May 2026 • 2 min read
Trustpilot