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Showing 161 - 170 of 226 results for "Retirement products"

MetLife refocuses on middle classes with direct distribution

ALEX DUNNIN  |  WEDNESDAY, 30 JUL 2014
... decline in policies sold to individuals because consumers have shifted their focus from life insurance to retirement products, according to the insurance industry research firm Limra. The change in insurance purchasing is so profound for the insurance ...

Retirement innovation deadlock continues

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
Impediments to the development of innovative retirement products as an alternative to the account-based pension show no signs of lifting, despite industry consensus that such innovation is necessary. MetLife's recent decision to drop its hybrid annuity-style ...

MetLife head of retirement products departs

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
MetLife's head of retirement products Ashvin Arora has left MetLife after the retirement product he designed, MetLife Max, was discontinued after just two months. MetLife confirmed that Arora had left, but gave no reason for his sudden departure. A ...

LGS to white label MetLife's latest offering

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
... has entered an in-principle agreement to offer its members a white label version of MetLife's new suite of retirement products, MetLife Max. The new offering, which offers accumulation, transition to retirement (TTR) and lifetime annuity products, was ...

MetLife launches long-awaited retirement product

JAMES FERNYHOUGH  |  TUESDAY, 4 MAR 2014
MetLife has launched its long-awaited new suite of retirement products, which it has called MetLife Max. The suite of products combines two accumulation products, one of which is capital guaranteed; two transition-to-retirement products (TTRs), one ...

MySuper authorisations hit 99

ALEX DUNNIN  |  TUESDAY, 3 DEC 2013
... the total number of MySuper authorised funds. AMG Universal Super, which operates workplace, personal and retirement products, has its MySuper authorised through Trust Company Limited which will be the Responsible Entity. AMG Universal Super is a joint ...

HESTA named Super Fund of the Year

ALEX DUNNIN  |  THURSDAY, 21 NOV 2013
... superannuation battleground is going heat up in 2014 with the full implementation of MySuper. The growing importance of retirement products will just add to this pressure as will the reality of how self-managed super is forcing funds to confront whether ...

Republicans vote that advisers have no best interest duty

ALEX DUNNIN  |  FRIDAY, 1 NOV 2013
... expanding the role and scope of fiduciary duties that apply to official stakeholders involved in pension funds and retirement products, groups it regulates under the Employee Retirement Income Security Act (ERISA). "The Department of Labor proposed a ...

Challenger reports big boost in annuities sales

JAMES FERNYHOUGH  |  MONDAY, 21 OCT 2013
... pooled annuities. Currently the law does not apply the same tax concessions to annuities as it does to other retirement products. Ross Clare, director of research at the Association of Superannuation Funds of Australia (ASFA), said that ASFA is due shortly ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
... regulatory changes, Clare recommended that the SIS regulations be amended to "provide equivalent treatment of post-retirement products offered by life insurance companies and by superannuation funds, preferably through development of regulations which ...