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Canada Life are a leading provider of retirement, investment and protection products and has been operating in the UK since 1903. Canada Life entered the equity release market by acquiring Retirement Advantage in January 2018. Previously, Retirement Advantage was formed by MGM Advantage re-branding in 2015, following the purchase of former equity release lender – Stonehaven Equity Release.
Canada Life’s lifetime mortgage plans offer a ‘design-it-yourself’ approach to equity release. Offering a suite of products such as lump sum, drawdown and flexible voluntary payment schemes - all plans embracing their 8-year fixed early repayment charge ethos.
In partnership with Equity Release Supermarket, Canada Life have launched an exclusive range of 'smartER' lifetime mortgages providing a competitive edge over the rest of the equity release market.
