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Fund salesperson banned for outside activities

Regulator issues notice of proposal to revoke insurance licenses as well.

LIFE INSURANCE | September 23 2022 03:46PM
Appropriation of funds: Guilty verdict

The respondent used the same scheme with a dozen clients to divert the funds and appropriate them for himself.

LIFE INSURANCE | August 17 2022 10:36AM
Canada Life drops Lifetime Income Benefit product

Since Nov. 4, 2020, Canada Life no longer allows the lifetime income benefit (LIB) option to be added to its segregated …

LIFE INSURANCE | November 13 2020 03:18PM
COVID-19 impacts Great-West Lifeco earnings

Great-West Lifeco has reported net earnings attributable to shareholders of $342-million in the first quarter of 2020, d…

LIFE INSURANCE | May 08 2020 10:50AM
Banks and life insurers to hold AGMs by electronic means

Due to the COVID-19 crisis, several banks and insurers announced they have jointly obtained a court order allowing them …

LIFE INSURANCE | March 20 2020 12:11PM
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Finance minister approves Canada Life amalgamation

The Great-West Life Assurance Company, London Life Insurance Company and the Canada Life Assurance company and their hol…

LIFE INSURANCE | November 25 2019 12:00PM
Policyholders greenlight amalgamation of Great-West Life, London Life and Canada Life

The Great-West Life Assurance Company, London Life Insurance Company and the Canada Life Assurance Company have announce…

LIFE INSURANCE | October 04 2019 01:28PM