Elite and Prestige accounts Greater protection for large investments At a glance Product details Adviser resources Introducing our Elite and Prestige accounts Backed by the financial strength of Canada Life, these accounts offer investors an unrivalled level of protection. As open architecture offshore bonds, you can access an almost unlimited range of funds from across the globe. Key benefits Unrivalled level of investor protection Tax-free growth on your account Appoint a discretionary or non-discretionary fund adviser The value of your investment can go down as well as up and you may get back less than you invest. Tax rules depend on the type of investment and individual circumstances and may change. Are these accounts right for me? These accounts could be right for you if: You’re looking for greater policyholder protection You’re aged between 18 and 89 years old You have at least £1 million to invest You’re happy to invest for at least 10 years You’ve got other savings and investments to rely on You want to generate a capital lump sum, an income, or both The Elite Account could be right for you if you want to appoint a custodian, such as a discretionary fund manager, to manage the investment on your behalf The Prestige Account could be right for you if you want to make your own investment decisions or appoint a fund adviser These accounts might not be right for you if: You have less than £1 million to invest You might want to withdraw all of your investment straight away You can’t afford to lose the amount you invest This product has won 2 awards. Need an adviser? Get a tailored quote for this product from a financial adviser. To find one, visit Unbiased. Find an adviser Fund centre Explore all our available funds. See our price lists, fund performance, factsheets and more. Learn more Compare investment products Select Account Premiere Account Premiere Europe Account Delta Account Elite and Prestige Accounts Offshore Savings Account Issued from Canada Life (UK) Canada Life International (Isle of Man) Canada Life International Assurance (Ireland) Canada Life International (Isle of Man) CLI Institutional (Isle of Man) Canada Life International (Isle of Man) Minimum initial investment £5,000 £50,000 £50,000 £3,000 £1 million Zero (or £7,500 if regular premiums are not used) Regular premium option No Yes, minimum of £2,500 a month Yes, minimum of £2,500 a month No No Yes, minimum of £500 a month Investment choice Over 150 insured UK life funds Any permissible fund plus cash deposits and the segregated portfolio service Any permissible fund plus cash deposits and the segregated portfolio service Over 150 insured Isle of Man life funds Any permissible fund plus cash deposits Over 150 insured Isle of Man life funds Maximum number of sub-policies 999 99,999 99,999 10 998 10 Bond currency £ £ $ € £ $ € £ $ € £ $ € £ $ € Free fund switching Yes No No Yes No Yes Platform / DFM links No Yes Yes No Yes No Capital redemption option No Yes Yes No Yes No Learn more Learn more Learn more Learn more Learn more Learn more Also worth knowing Can you tell me more about the structure of the company? Can I change my account once it’s set up? What happens if I die? Can I change my mind and cancel my account? What’s the difference between Elite and Prestige? Key documents Key features Elite Account features and benefits Prestige Account features and benefits Next steps Need an adviser? Get a tailored quote for this product from a financial adviser. To find one, visit Unbiased. Find an adviser Customer support Find answers to commonly asked questions, helpful links, tools and contact details. Customer support Get in touch Call customer services 0333 015 1382 or send an email Monday – Friday 9am to 5pm Other contacts News & Insights Corporate Our websites Site information Find help Twitter Linkedin Youtube © 2021 Canada Life UK. All rights reserved Legal statement