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Showing 141 - 150 of 351 results for "Annuities"

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... economic and social challenges of our time." These factors resulted in a 12% growth in Challenger Life product sales (annuities and other life products) to $2.1 billion, corresponding to a 12% growth in assets under management to $13 billion. Challenger ...

Retirement income to take super centre-stage

ALEX BURKE  |  FRIDAY, 4 DEC 2015
... public sector pensions represent $60 billion (10%) and the remainder is held in industry fund allocated pensions and annuities. DEXX&R's Market Projections Report increases that total retirement income FUM will increase by 7.1% per annum, with super ...

CIPRs not the entire answer for retirement

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... fair amount of freedom to customise a CIPR to its membership base. Rubinsztein showed research supporting the use of annuities as part of a portfolio for certain members and she believes a lot of trustees will end up with some sort of account-based pension ...

Industry funds ink CIPR annuities deal

DARREN SNYDER  |  TUESDAY, 27 OCT 2015
... Inquiry (FSI). Local Government Super, CareSuper and legalsuper have all agreed to have their CIPRs backed by Challenger annuities, which are expected to be available to members by mid-2016. The partnership also comes on the back of Challenger inking ...

Retirement incomes become industry focus

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
... of time and in many ways I think are going to be the glue that holds together this whole post-retirement component." "Annuities have seen tremendous growth in the past two years and increasingly we're seeing annuities being incorporated in to other products. ...

FSI retirement response receives support

DARREN SNYDER  |  TUESDAY, 20 OCT 2015
... living much longer and need their retirement solutions to provide reliable income streams which last as long as they do. Annuities combined with an account based pension provide a powerful solution," Benari said. He said the government will be setting ...

Challenger annuity sales grow 12 per cent

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
... volumes, including from advisers who have traditionally not sold our products." This is largely based around Challenger annuities becoming available on several investment platforms during 2015, most notably at Colonial First State. "This annuities-on-platform ...

UK moves away from annuities: research

DARREN SNYDER  |  TUESDAY, 22 SEP 2015
Pension freedoms in the United Kingdom have created a "seismic movement" away from annuities according to UK-based financial researcher Defaqto. In its most recent white paper aimed at financial advisers working with retirement plans, Defaqto said that ...

Retirees should expand asset classes

DARREN SNYDER  |  THURSDAY, 17 SEP 2015
... inherent in investing in a single asset class," Birtles said. "For example, many retirees considered term deposits and annuities a reliable option for protecting their capital, but these products have suffered significant reduction in income over the ...

Retirement income is not one-size-fits-all

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
... said this additional capital could be used to cover aged care or health costs. "There has been a lot of market focus on annuities recently but this report really shows that the case for annuities is weak for the typical Australian retiree with a lower ...