27 January 2014
Category:
Product Updates

London Life wins three Fundata awards

London Life won three trophies at the FundGrade A+ event held in Toronto on Jan. 23, 2014. The awards are presented annually to Canadian investment funds that achieve superior risk-adjusted returns relative to their peer group. The following London Life funds received the illustrious A+ rating this year: London Life Global Balanced (Mackenzie) London Life […]


15 February 2013

Investment commentary (February 2013)

JANUARY HIGHLIGHTS The World Economic Forum (WEF) released guarded but positive news at its annual meeting in January. The WEF said the global economy faces fewer headwinds in 2013 compared with last year and is expected to grow a modest 3.5 percent. However, the global economic recovery remains fragile. Global stock markets continued their dramatic […]


10 October 2012
Category:
Product Updates

Critical illness insurance changes coming in late October

  October 23, 2012 Update!! Please contact your advisor for detail.  Note: All percentages are an estimate only and represent an average of age 30-50 rates and are based on standard risk $100,000, non-smoker plans. New rates estimate: 1) base plans increase 5.5%-13.5%; 2) additional benefits (riders) increase 22%-30%. Changes effective Nov. 26, 2012. After […]


9 October 2012
Category:
Product Updates

London Life remains committed to the income market

In a time when others are removing their guaranteed minimum withdrawal benefits from the market, London Life’s lifetime income benefit option on segregated fund policies remains. In response to recent market volatility and interest rates, the income payout and deferral bonus have been modified. We continue to provide viable income solutions reflecting our company’s commitment […]


22 August 2012
Category:
Product Updates

Loans and lines of credit proof of income changes

Solutions Banking proof of income changes Effective Aug. 27, 2012, proof of income requirements have changed for Solutions Banking™ loans and lines of credit. Applications signed by or prior to Aug. 27 can be submitted until Sept. 10, 2012 and they will be accepted with the previous requirements. Key changes For full-time permanent salaried employees, a […]


21 August 2012
Category:
Product Updates

Universal life insurance changes on the way

London Life universal life insurance changes on the way We’re making changes to our universal life insurance product, including rates, effective Sept. 17, 2012. Transition rules are also set to change. Highlights of the changes Cost of insurance rates will increase for level and limited-pay options. Minimum guaranteed interest rates will be reduced on five […]