Company Information

Get to know Freedom 55 Financial

Freedom 55 Financial was a prominent brand and division of London Life Insurance Company, itself a subsidiary of The Great-West Life Assurance Company. Launched in 1984, the brand's name and marketing were famously built around the concept of achieving financial freedom to retire by age 55. It provided Canadians with a range of financial products, including life insurance, disability insurance, critical illness insurance, and investment solutions like mutual funds and segregated funds. Its business model relied on a large network of exclusive "financial security advisors" who offered personalized planning and advice. In 2020, London Life, along with its parent Great-West Life and their sister company Canada Life, amalgamated to operate as a single company under The Canada Life Assurance Company, and the Freedom 55 Financial brand was retired.

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Financial Wealth ManagementPRIMARY
Financial Banking
Financial Other Service

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Freedom 55 Financial

Canada

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.