TRANSFER OF A CLOSED PORTFOLIO OF UNIT LINKED BONDS AND LEGACY PENSION BUSINESS FROM CANADA LIFE LIMITED (CANADA LIFE) TO COUNTRYWIDE ASSURED PLC (COUNTRYWIDE ASSURED)
Update – 5th November 2025
Customers’ policies are now expected to transfer to Countrywide Assured in 2026, subject to the completion of a court-approved Part VII transfer.
The High Court hearing was due to take place on 27th November 2025. We have taken the decision to postpone this hearing. Once we have confirmation of the new High Court hearing and transfer date we will include them here on our website.
If the High Court approves the transfer, we expect to implement it in 2026. Once we have confirmation of the new hearing date we will include it here on our website.
Canada Life and Countrywide Assured have applied to the High Court of Justice of England and Wales (Court) for permission to transfer a closed portfolio of unit linked bonds and legacy pension products from Canada Life to Countrywide Assured, using a scheme under Part VII of the Financial Services and Markets Act 2000. Subject to approval by the Court, it is expected that the transfer will take place on 07 December 2025.
You can review documents relating to the transfer on this page.
If you have any questions which remain unanswered by the information on this page, please contact the Part VII Team at Countrywide Assured by Phone: +44 01772 972 050 or Email - [email protected] or write to us at:
Part VII Team
Countrywide Assured
Building 4, West Strand Business Park
Strand Road,
Preston,
PR1 8UY
