Important Customer Information: Proposed transfer of Canada Life Ireland business to Irish Life
Proposed transfer of the business of Canada Life Assurance (Ireland) Limited (“Canada Life”) to Irish Life Assurance plc (“Irish Life”)
Great-West Lifeco Inc., through its indirect wholly owned subsidiary Canada Life Limited, completed the acquisition of the Irish Life Group on 18th July 2013. As a result, we are starting to implement our plan to combine the business of Canada Life with Irish Life.
Irish Life and Canada Life intend to join-up as one business operating under the Irish Life brand. This change will help us to deliver an enhanced range of products and services to you.
Our customers do not need to take any action as a result of these proposed changes. There are no changes to your plan’s terms and conditions. All payments and benefits will continue to be collected and paid as normal.
The transfer of Canada Life’s business into Irish Life is subject to approval by the High Court at a hearing on 6 November 2013. An Independent Actuaryhas assessed the proposed transfer and reported to the Court on theprotection of our customers’ benefits. You can see below each of the documents related to the proposed transfer.
The above information will also be available for inspection until 4 November 2013 during normal business hours at our Customer Visitor Centre, Irish Life Centre, Lower. Abbey Street, Dublin 1.
If you have any further questions on the proposed transfer please contact your Financial Advisor or contact us.
Phone 01 7041857
Mon - Thurs: 8am to 8pm,
Fri: 10am to 6pm,
Sat: 9am to 1pm
Note for Financial Advisers: Should you require any further information on the above, please contact your Irish Life Corporate Business Account Manager.
FAQs
Irish Life Assurance plc, Registered Office - Lower Abbey Street, PO Box 129, Freepost, Dublin 1.
Does Irish Life have an app? ›
The MyLife app by Irish Life is here to empower and inspire you to live a healthier life.
Who took over Canada Life pensions in Ireland? ›
In time all Canada Life Ireland life and pensions business will move to this brand. While Great-West Lifeco are very proud of the strong reputation of the Canada Life brand in Ireland, they believe the Irish Life brand is best brand for the future of the two business in Ireland.
What is the market share of Irish Life in Ireland? ›
Irish Life Investment Managers (“ILIM”) is the largest manager of life assurance and pension assets in Ireland, with a 35% market share and funds under management of €103.8bn (December 2021).
How to cancel Irish life? ›
Your policy may be cancelled by you (or, where circ*mstances permit, by a group scheme sponsor) upon the provision to us of notice in writing or by calling us on 1890 717 717. If you choose to cancel your policy before the end of your policy year Irish Life Health will apply a mid-term cancellation charge.
Who took over Irish life? ›
Great-West Lifeco Inc., through its indirect wholly owned subsidiary Canada Life Limited, completed the acquisition of the Irish Life Group on 18th July 2013. As a result, we are starting to implement our plan to combine the business of Canada Life with Irish Life.
Is Irish Life a good company? ›
Irish Life has an overall rating of 3.7 out of 5, based on over 363 reviews left anonymously by employees. 73% of employees would recommend working at Irish Life to a friend and 78% have a positive outlook for the business. This rating has improved by 2% over the last 12 months.
What is the Irish Life AVC app? ›
Irish Life EMPOWER is a smartphone app designed for policy holders of Personal Retirement Savings Accounts, members of private sector Defined Contribution (DC) pension schemes and members of Additional Voluntary Contribution (AVC) pension schemes administered by Irish Life Corporate Business.
What does Irish Life do? ›
Irish Life holds a unique position in Ireland as the only financial group servicing the health and financial needs of people and corporates, through a leading range of pensions and investments, income and life protection, and health insurance.
Can I use Canada Life in the USA? ›
We provide products and services in Canada, the United States, the United Kingdom, Isle of Man and Germany, and in Ireland through Irish Life.
2020. On January 1, 2020, Great-West Life, London Life and Canada Life come together to form one company – The Canada Life Assurance Company.
Who owns Canada Life? ›
Which industry is booming in Ireland? ›
The life science sector in Ireland is booming and as a result, a record €888 million was raised by Irish SME Firms with over half going to Life Science sector. The sector exports more than €50 billion annually and directly employs over 50,000 people in MNC and indigenous companies.
What is the most common occupation in Ireland? ›
The category sales and retail assistants, cashiers and checkout operators was the top occupational group with 90,746 persons. Although the largest in numbers, these workers still only represented 4.5 per cent of those at work which indicated the diversity among the different professions in modern Ireland.
Why is Ireland's average income so high? ›
GDP is significantly greater than GNP (national income) due to the large number of multinational firms based in Ireland. A 2005 study by The Economist found Ireland to have the best quality of life in the world. The positive reports and economic statistics masked several underlying imbalances.
Does irfu have an app? ›
IRFU Volkswagen Tag teams can access their fixtures, results and tables, browse galleries and view other useful information on the Tag rugby app.
Is Irish independent app free? ›
The Irish Independent app is free to download, but you must register to read some articles and subscribe to enjoy unlimited access.
Is there an Irish Times app? ›
The Irish Times app
The app brings you breaking news from Ireland and around the world, with comprehensive coverage of the latest in business and sport.
What is the app that lets you watch Irish TV? ›
The RTÉ Player App uses streaming technology which means that you must be connected to the Internet in order to watch programmes. The app will automatically adjust video quality based on the speed of your WiFi connection. We hope you enjoy using the RTÉ Player.
