Canada Life reports strong sales
Sales grew by 16% on the same period last year, which was comfortably ahead of the 5% growth seen by the industry as a whole and largely down to increased demand for pension-backed investment products. Sales of regular premium products were 22% ahead.
Chief executive Tom Barry said: “’The results for the first quarter of 2005 are very encouraging and demonstrate the broker market and our financial consultancy division have responded very positively to the significant investment put into our business over the last year.”
