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Showing 1 - 5 of 5 results for "Challenger of"

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Just two years after acquiring it, Challenger will sell its banking operations to New Zealand's Heartland Group. Challenger spent $35 million to buy the banking business from Catholic Super in December 2020. The aim was to reach a wider range of customers ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
Challenger has launched a new guaranteed fixed three-year term annuity at 4.4% per annum. It said investors who choose to receive all their capital back at the end of the term will receive guaranteed annual payments over the period. The investment manager ...

Baird exits NAB

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... searches for a permanent replacement. NAB group chief executive Ross McEwan said: "Mike has been a tremendous leader, challenger of convention and staunch advocate for customers in his time at NAB." "He has always spoken up for doing the right thing ...

Challenger hails major retirement partnership

ALEX BURKE  |  TUESDAY, 14 FEB 2017
... part of Japan's MS&AD Insurance Group. In the two months to 31 December 2016, the partnership delivered sales to Challenger of $125 million; Challenger noted that the market for Australian-dollar annuities is estimated to be seven times the size of the ...
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