Annuity asset test changes lead to strong inflowsTUESDAY, 25 JAN 2005 10:18AMAustralian Prudential Regulation Authority (APRA) life insurance statistics have shown $10.9 billion of life office premiums were received during the September 2004 quarter, a 28 per cent increase from the same time last year, on the back of changes in the asset test exemption for complying annuities that led to noteworthy one-off annuity sales. |
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Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
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