News Archives 2009 
Pat Ryan, Head of Pensions, Canada Life comments Post Budget
Pat Ryan, Head of Pensions, Canada Life welcomes the fact that 'there were no immediate changes introduced to either tax free lumps sums or tax relief contributions announced in yesterday's budget providing significant comfort for pension investors (employees and self employed).'
Start early for bigger gains
Irish Times, October 22nd, 2009
While most young people are happy to put it off, the sooner you begin planning for your retirement the better off you'll be and the cheaper it will turn out to be, writes Fiona Reddin
If you think pensions are for people on the other side of 40, think again. the easiest - and cheapest - way of building up a retirement fund which will support you and your family, if necessary, is to start saving early.
October 22, 2009
A simple way to ease pension tension
Irish Times, October 22nd, 2009
For those with no retirement provision, a Personal Retirement Savings Account is an easy way to start saving for the future, writes Paul O'Doherty
Personal Retirement Savings Accounts (PRSA's)are designed to be the most straight forward pensions available. Simply put they are personal pension plans you take out with authorised PRSAs providers that work like an investment account where you save for retirement.
October 22, 2009
Taxation of Pension Funds
Phoenix Magazine Article, October 9th, 2009
Commission on Taxation Reports - 2008 Tax Deadlines - Budget December 2009 Action Steps...Advice Needed! Pat Ryan, Head of Pensions at Canada Life Ireland.
Private and occupational pension funds have always played an important role in the social economic planning structures adopted by current recent generations. If in doubt ask a 66 year old with a full service pension fund and ask a 66 year old with no private pension fund!
October 09, 2009
Canada Life 'Into the West' sponsored cycle Sat 5th/Sun 6th September 2009
Once more Canada Life Life have sponsored the 'Into the West' charity cycle to raise funds for breast cancer research carried out by the National Breast Cancer Research Institute.
This year's event provided a stiff challenge for the 250 cyclists who made the journey from Mullingar to Galway and back in really tough cycling conditions with a constant headwind and bouts of driving rain.
September 09, 2009
Setanta Asset Management appoints new Managing Director
Setanta Asset Management Limited ("Setanta"), the asset management business of Canada Life, has appointed Kieran Dempsey as its new Managing Director. Kieran will continue in his current role as Chief Investment Officer for Setanta Asset Management in addition to becoming Managing Director.
New boss at Canada Life
Sunday Business Post Article, August 23, 2009
Canada Life's Irish operation has a new managing director. Ruari O'Flynn is taking over from Tom Barry, who will remain as non-executive director but will also persue separate business, professional and other interests.
August 23, 2009
Canada Life chief stepping down
Irish Independent Article, August 18, 2009
Canada Life Ireland boss Tom Barry is stepping down from his day-to-day role at the company in favour of a non-executive directorship.
August 18, 2009
O'Flynn is new Canada Life MD
Irish Examiner Article, August 18, 2009
President of Canada Life Capital Corporation, Bill Acton has announced that Ruari O'Flynn is to become managing director of Canada Life in Ireland.
August 18, 2009
Canada Life Names New MD
Irish Times Article, August 18, 2009
Life and Pensions company Canada Life (Ireland) has announced that Ruari O'Flynn is to take over as its new managing director.
August 18, 2009
Ruairķ O'Flynn becomes Managing Director of Canada Life (Ireland),
as Tom Barry moves to Non-Executive Director
Bill Acton, President of Canada Life Capital Corporation, the parent company of Canada Life in Ireland, today announced that Ruairķ O'Flynn is to become Managing Director of Canada Life in Ireland. The current Managing Director Tom Barry will become a Non-Executive Director and will also engage in a range of business, professional and other interests.
There's life yet in Irish insurance market, says eternally upbeat boss
THE life insurance industry has seen new business sales collapse by close to 40pc this year and is about to take another hit at the hands of a new levy, yet Canada Life boss Tom Barry is the epitome of calm as he sits in his Blackrock, Co Dublin office.
Pat Ryan, Head of Pensions, Canada Life comments Post Budget.
Pat Ryan, Head of Pensions with Canada Life, welcomes the fact that 'the current well thought out
private pension taxation structure has been left intact under the provisions announced in Tuesday's
budget.'
Pre-budget commentary from Pat Ryan,
Head of Pensions at Canada Life
Phones have been hopping all week as pension investors are concerned about media rumours of major cutbacks in Pension tax reliefs and exemptions. Unfortunately at this stage, we just don't know what will come out of next weeks budget and can only hope that panic politics will not take over!
Release: April 03, 2009
Canada Life leading the movement to Standard Definitions for
Serious Illness Products in Irish market
Canada Life has been at the forefront of the movement towards using standard definitions for Serious Illness products across Life Offices in Ireland. A similar undertaking in the UK has received a positive response. Life offices using standard definitions for serious illnesses products will be accompanied by simple explanations so the general customer can clearly know and understand what their policy covers and what it does not cover.
Release: March 12, 2009
Canada Life announce that 57% claims are for Cancer
A research study conducted by Canada Life (Ireland) shows that of all claims paid by Canada Life on serious illness products, 57% of claims are for cancer related illness. In excess of 70% of all female claims are for cancer, while male serious illness claims for cancer amount to 40%, and more than 30% are for Heart Attack.
February 20, 2009
Canada Life launch new Fixed Deposit Fund
Canada Life has launched a new Fixed Deposit Fund for investors. The Canada Life Fixed Deposit Fund pays an attractive return for investors of 3.4% until 30th October 2009. The Fixed Deposit Fund compares favourably to the current variable rates on offer, many of which track the ECB rate, currently at 2%.
February 16, 2009