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Showing 171 - 180 of 366 results for "Annuity"

More Australians intend to retire later

ALEX DUNNIN  |  TUESDAY, 29 MAR 2016
... superannuation sector, just over half (53%) reported their main expected source of personal income at retirement as 'superannuation/annuity/allocated pension'. "While 47% of [people] aged 45 years and over who had retired reported a 'government pension ...

Advisers looking for longevity and aged care solutions

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
... added the 1% was just a "technical margin related to means testing." The approach involved layering the age pension, an annuity payment and an account-based pension through the entire retirement life-cycle, with the latter tapering off during the passive ...

BT awarded Life Company of the Year

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
... (Income Protection Plus Plan) Risk Product Innovation Award - MLC (On Track) Investment Bond Award - CommInsure Overall Annuity Provider of the Year - Challenger Long Term Income Stream Award - Challenger Annuity and Income Stream Innovation Award - ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
Continuing growth in annuity sales has driven Challenger's 1H16 after-tax profit up 18% on 1H15 to $182 million. Challenger chief executive Brian Benari argued that a significant factor in this was annuity sales driven by interest in Comprehensive Income ...

Macquarie reports annuity business profit dips

ALEX BURKE  |  THURSDAY, 4 FEB 2016
Macquarie has announced its results for the December 2015 quarter, revealing a net decrease in profit for its annuity-style businesses and an increase in its capital markets-facing businesses. Specifically, Macquarie Asset Management, Corporate and ...

Morningstar says retirees need balance

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
... a lot of Australians get advice because it's costly." She added another challenge for an investor is there are limited annuity options in Australia, as opposed to somewhere such as the US. Morningstar's Australian wealth forecasting engine - a back-end ...

Mercer LifetimePlus now on MPS platform

MARK SMITH  |  TUESDAY, 15 DEC 2015
... investment option that forms part of an account-based pension, paying members an income for the rest of their lives, like an annuity. Unlike an annuity, however, the risk of outliving savings is shared among a pool of other retirees, with no third-party ...

CIPRs not the entire answer for retirement

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... for certain members and she believes a lot of trustees will end up with some sort of account-based pension and deferred annuity combination as their CIPR. "I think group-style annuitisation will play a role. I think it's unclear to what extent at this ...

AB calls for three-stage CIPR

DARREN SNYDER  |  WEDNESDAY, 18 NOV 2015
... form a default comprehensive income product for retirement (CIPR). The three-stage approach is based around a delayed annuity purchase. The delayed purchase would occur after superannuation savings are accumulated in a target-date or lifecycle fund ...

FEATURE: The circle of life

DARREN SNYDER  |  MONDAY, 9 NOV 2015
... Rajan, lifecycle funds then moved to hybrid target date funds whereby one part of the assets is allocated to a deferred annuity from the outset of saving [see Table 1]. Rajan said those kind of funds are also still in their infancy but are generating ...