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Showing 111 - 120 of 376 results for "annuities"

Staggering annuities can fund retirement shortfall

KARREN VERGARA  |  TUESDAY, 6 MAR 2018
Adopting multiple annuities could mean the difference between living comfortably or facing a massive shortfall in retirement, according to a retirement planning expert. David Babbel, a retirement strategy expert and professor from the University of ...

Challenger flags new Fidante partnership, record profit

ALEX BURKE  |  TUESDAY, 13 FEB 2018
... increased sales." "At the same time, we are reweighting to longer-term business, which is reducing the proportion of annuities reaching maturity and maximising our return to shareholders. This is underpinning our future growth," Benari said. Challenger ...

Super funds that embrace change will prevail: DST

ALEX BURKE  |  TUESDAY, 30 JAN 2018
... provide retirement products without collaboration, and that the Federal Government "is signalling a strong preference for annuities as part of each Australian's retirement investment mix." "It is the combination of challenges and remedies that have created ...

Life insurance M&A outlook gloomy: Report

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... yield environment" compared to other types of insurers. They are unable to achieve sufficient investment returns on annuities, which pay out guaranteed returns to policyholders, hence weighing down portfolios. Italy's Generali by way of example is aiming ...

Financial Synergy founder launches new firm

ALEX BURKE  |  MONDAY, 27 NOV 2017
... income stream from an account-based pension. Optimum Pensions said it could provide better returns than traditional annuities and would be "paid for life, no matter how long you live." The product also includes the option to revert to a partner or spouse ...

Managed accounts now available via FirstChoice

JAMIE WILLIAMSON  |  TUESDAY, 21 NOV 2017
... advisers and licensees. In another major expansion to its investment menu, CFS also added Challenger's deferred lifetime annuities to FirstChoice this year in what was a first for platforms in Australia. Despite having also been added to FirstWrap, at ...

CFS lifestage funds enter direct infrastructure

KARREN VERGARA  |  MONDAY, 13 NOV 2017
... some return certainty with a significant portion of the returns expected to come in the form of a cash yield. CFS's annuities business recently reached $1 billion in funds under administration. Acting general manager of product Sam Wall said reaching ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Colonial First State's annuities business has reached $1 billion in funds under administration (FUA) in just over two years. Acting general manager of product Sam Wall said reaching this milestone in a short amount of time is testament to CFS's commitment ...

US recommends asset manager stress tests be removed

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
... world, representing 29% of the global market. Other recommendations included an increase in consumer choice by allowing annuities as investment options for employer-sponsored retirement plans; and promoting infrastructure investment by insurers through ...

Super lump sums increase poverty risks: Report

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
... retirees outlive their assets - a risk which increases with higher longevity, the report said. The OECD highlighted annuities, lifelong income that individuals receive, "is not very common in private schemes in Australia and few pension plans have mandatory ...