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Canada Life said the new funds would improve the functionality of the Canada Life Investment Planner, a free risk-profiling and asset-allocation tool available through the Canada Life website.

The individual funds that have been added include the £3bn Jupiter Income Trust and the £1.1bn Jupiter UK Growth fund, while the Neptune funds include the £635m Income fund and the £10m India fund.

The additions follow other fund links with groups such as Artemis and M&G and bring the number of Canada Life’s fund range to 115.

The company said it was planning a number of additional tie-ups throughout the rest of this year.

Alain Wolffe, managing director of wealth management at Canada Life, said: “Advisers demand a wide spread of fund options and risk types for their clients. These new links with established fund managers such as Neptune and Jupiter further prove Canada Life’s commitment to providing clients with quality investment opportunities."