The CANNEX Income Annuity Exchange is a service that provides annuity quotes and illustrations on behalf of companies representing the majority of annuities issued in Canada. We work with insurance carriers to manage their pricing and illustrations on a platform that accurately and efficiently distributes their annuity information to multiple parties on their behalf. Distributors and service providers need only go to one source for up-to-date guarantees and illustrations to support their annuity sales and service processes. We also provide historical and current quote data to support research and market intelligence.
Income annuity issuers:
- Benefit from efficient access to a larger number of financial advisors and clients
- Can effectively manage the availability of certain products, rates, and features by channel or firm
Advisors and other distributors:
- Can receive accurate quotes on demand from one source
- Have the ability to compare and view quotes from multiple annuity issuers
Sample Survey: Single life male, 10 year guarantee