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Showing 111 - 120 of 366 results for "Annuity"

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... relationship The two companies first commenced a relationship in 2016 as Challenger looked to get access to Japan's annuity market and MSI Primary Life sought to diversify counterparties for hedge transactions in association with business expansion. ...

Fidante loses $3.9bn of super fund assets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... in Japan, he said. As for its life business, sales stood at $4.6 billion, down 18% on the year prior. Despite domestic annuity sales dipping by 4% year on year to $3.3 billion, this business remains resilient as sales by independent financial advisers ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... general meeting chief executive Shemara Wikramanayake said the group was performing in line with expectations, despite the annuity-style businesses, including Macquarie Asset Management, being down. Addressing the AGM, Wikramanayake said: "Macquarie's ...

Retiree savings won't last: World Economic Forum

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... decumulation solutions given populations are living longer. "There are some alternative solutions emerging such as pooled annuity funds, but older individuals are going to need a more diverse range of financial tools to help protect against longevity ...

Fund manager creates new investment role

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
... operations. Former Challenger state manager John Price has joined Eley Griffiths in the new role after 12 years building the annuity provider's managed funds and retirement products distribution teams. The role was created to spearhead investor communications ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... improving their offer sot that Australians are better protected and invested." Challenger made a clean sweep of the three annuity awards, winning overall annuity provider of the year, the long term income stream award and the annuity and income stream ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... options include one for those wishing to drawdown all their money within five years; a fund for those wishing to purchase an annuity; one for those seeing long-term income; and a fund for those with no plans to access the money for at least five years. ...

New mortality study adds to retirement conversation

KANIKA SOOD  |  FRIDAY, 7 DEC 2018
... stimulate industry development of post-retirement products. David Orford's firm Optimum Pensions is launching a lifetime annuity with an insurer taking on the longevity risk developed as a CIPR.

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... annuities on HUB24. The move comes off the back of strong sales growth in annuities. In the three months to September 2018, annuity sales reached $1.17 billion, up 7% on the prior corresponding period. Overall, Challenger's life book reached $1.57 billion ...

Challenger increases annuity distribution

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
Challenger is rolling out its suite of annuity products to users of an $8.3 billion platform. Financial advisers and their clients using HUB24 will be able to access Challenger annuities via the platform just as they would any other investment. While ...