Canada Life to pay GBST £27m for back office 'transformation'

The life company has sealed a 10-year, £27m deal with the Australian technology provider for it to deliver a "major back office transformation programme". Canada Life will use GBST's Composer technology to replace its current administration systems.  The firm said it wanted to create a "market-leading" retirement-led platform to support IFAs and clients as they transition from accumulation to retirement. GBST provides services through its Composer technology to a number of adviser platforms, including Alliance Trust Savings, AJ Bell and Novia, as well as to the Aegon Retirement Choice...