{"id":1007,"date":"2023-11-30T18:34:45","date_gmt":"2023-11-30T18:34:45","guid":{"rendered":"https:\/\/financeify.ca\/?p=1007"},"modified":"2023-11-30T18:34:45","modified_gmt":"2023-11-30T18:34:45","slug":"canada-life-announces-streamlined-segment-fund-shelf","status":"publish","type":"post","link":"https:\/\/financeify.ca\/index.php\/2023\/11\/30\/canada-life-announces-streamlined-segment-fund-shelf\/","title":{"rendered":"Canada Life Announces Streamlined Segment Fund Shelf"},"content":{"rendered":"<p><\/p>\n<div class=\"wp-block-column is-layout-flow\" style=\"flex-basis:66.66%\">\n<figure class=\"wp-block-post-featured-image\">\n<div class=\"wp-block-post-featured-image__wrapper\"><\/div>\n<\/figure>\n<p><span style=\"font-weight: 400\">Canada Life announced it will move to a single, simplified shelf of segregated funds on Monday.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The new shelf will include 75 funds from Great-West Life, London Life and Canada Life.  Earlier this year, Great-West Lifeco Inc., parent company of Canada Life, consolidated its three life insurance companies under the Canada Life brand.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The unified offering will consist of 36 funds that already exist across all three shelves, 12 funds that were previously exclusive to Canada Life, and 16 funds from Great-West Life and London Life.  Pathway Funds will occupy the last 11 spots on the shelf.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Separate funds on the current Canada Life shelf that are not continued on the consolidated shelf will be subject to a soft cap on new business, effective immediately.  From 1 January 2020, no new Great-West Life or London Life policies will be issued. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Customers who have already invested in a soft cap fund or those who have existing Great-West Life or London Life policies will still be able to make additional contributions.<\/span><\/p>\n<p><!-- *** MAIN COLUMN END *** --><\/p>\n<div class=\"main-column-end\"><\/div>\n<div class=\"authors__wrapper\"><\/div>\n<\/div>\n<div class=\"wp-block-column is-layout-flow\" style=\"flex-basis:33.33%\">\n<div class=\"wp-block-group is-layout-constrained\">\n<div class=\"nua-ad nua-ad--vertical \" data-ad-unit-path=\"\/95740733\/advisor\/industry_news\/industry\/article\/\" data-ad-title=\"Advertisement\" data-ad-targeting=\"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\"><\/div>\n<\/div>\n<div class=\"wp-block-group is-layout-constrained\">\n<div class=\"nua-ad nua-ad--vertical \" data-ad-unit-path=\"\/95740733\/advisor\/industry_news\/industry\/article\/\" data-ad-title=\"Advertisement\" data-ad-targeting=\"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\"><\/div>\n<\/div>\n<div class=\"wp-block-group is-layout-constrained\">\n<div class=\"nua-ad nua-ad--vertical \" data-ad-unit-path=\"\/95740733\/advisor\/industry_news\/industry\/article\/\" data-ad-title=\"Advertisement\" data-ad-targeting=\"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\"><\/div>\n<\/div>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada Life announced it will move to a single, simplified shelf of segregated funds on Monday. The new shelf will include 75 funds from Great-West Life, London Life and Canada Life. Earlier this year, Great-West Lifeco Inc., parent company of Canada Life, consolidated its three life insurance companies under the Canada Life brand. The unified [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[18],"tags":[459,34,212,31,209,190,460],"class_list":{"0":"post-1007","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-seg-fund-investments","8":"tag-announces","9":"tag-canada","10":"tag-fund","11":"tag-life","12":"tag-segment","13":"tag-shelf","14":"tag-streamlined"},"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canada Life Announces Streamlined Segment Fund Shelf - Financeify<\/title>\n<meta name=\"description\" content=\"Canada Life announced it will move to a single, simplified shelf of segregated funds on Monday. 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