Self-Directed Pension
The Self Directed Portfolio is an alternative to a traditional pension fund, giving you control over your investment decisions before and after you retire and allowing you to plan for your unique personal circumstances. This method of retirement planning is suitable for individuals who wish to be personally involved in selecting the assets to be held in their pension fund. Your Self Directed Portfolio gives you access to your own personalised portfolio of securities such as bonds, shares and also property investments.
How does the Self Directed Portfolio work?
Your Self Directed Portfolio is an alternative to a traditional pension fund where the fund manager makes all the decisions. In a Self Directed Portfolio, you can play a more active role in investment decisions, including the selection of exactly what assets to hold, thereby allowing you to plan for your individual personal circumstances.
There are a number of key participants involved each with specific roles to ensure your policy is best suited to you at all times.
Financial Advisor
Your financial advisor will introduce you to the Canada Life Self Directed Portfolio and help you choose an investment manager. You will maintain a relationship with your financial advisor throughout the life of your policy.
Investment Manager
Your investment manager will be solely responsible for providing you with investment advice and will initiate trades on your behalf. In addition, your investment manager will ensure your chosen investment is permitted in accordance with the relevant investment mandates.
Canada Life
Where you choose to self direct your pension investment Canada Life is responsible solely for the establishment and administration of the related insured pension policy. Canada Life does not provide investment advice in relation to this type of investment and is generally not involved in any assessment of the underlying assets of the self directed investments concerned.
You, the Investor
The ultimate decisions on how you will invest your contributions are made by you in conjunction with your investment manager. You can choose to change the asset allocation and split of your self directed investment fund in consultation with your investment manager. You may choose to delegate some of the decision making to your investment manager, who can then decide how best to invest your contributions, subject to pre-agreed parameters.
For more information please see the Self Directed Portfolio Factsheet
Contact us for more information
Warning: The value of your investment may go down as well as up.
Warning: If you invest in this product you may lose some or all of the money you invest.
Warning: If you invest in this product you will not have access to your money until you retire.
Warning: This product may be affected by changes in the currency exchange rates.
