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Showing 191 - 200 of 376 results for "Annuities"

Retirement income sector keeps pace with population changes

ALEX BURKE  |  MONDAY, 27 APR 2015
... retirement income FUM will be held in SMSFs (48%), followed by retail allocated pensions (38%), industry funds (12%) and annuities (2%). Investment Trends' December 2014 Retirement Planner Report shows that advisers are responding to this growing sector. ...

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
... banned and then reinstated is wrong. "In the UK 'Life Insurance' is the term used for investment products - bonds and annuities; and 'Life Protection' is the term used for life insurance, as we know it in Australia," Synchron noted.

Advisers turning to annuities for longevity risk

ALEX BURKE  |  MONDAY, 13 APR 2015
An increasing number of financial advisers are recommending annuities to address growing concerns about longevity risk, according to Investment Trends' December 2014 Retirement Planner Report. The report, based on a survey of 617 financial advisers ...

Competition for annuities likely to remain low

LAURA MILLAN  |  FRIDAY, 27 MAR 2015
Competition in the annuities market will increase, but is likely to remain low over the short term as Challenger dominates about 95% of the market, a Credit Suisse report found. Credit Suisse said that Challenger's natural competitors, banks and life ...

CommInsure recruits BT exec for head of annuities role

LAURA MILLAN  |  MONDAY, 23 MAR 2015
... CommInsure has appointed former BT Financial Group acting head of general insurance to the newly-created position of head of annuities for its superannuation and investment business. George Lytas will be in charge of delivering growth to CommInsure's ...

AFA and PFL award Australia's top insurers

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
... Income Stream winner was Challenger. Finalist was CommInsure. Annuity & Income Stream Innovation Award was Challenger's Annuities on Platforms Integration. Underwriting Team Award was for Macquarie Life. Finalists were BT Financial Group and Asteron ...

IGR proves current welfare level is unsustainable: FSC

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
... Benari said that "we need to urgently level the taxation playing field to allow the introduction of deferred lifetime annuities, which will come at no cost to revenue, and has bi-partisan political and wide industry support. "With Australia's annuity ...

Challenger nabs CBA exec for top funds management role

LAURA MILLAN  |  FRIDAY, 6 FEB 2015
... chief executive of group strategy. Woods will be responsible for "maintaining the long-term growth paths of both the annuities and funds management businesses," a Challenger spokesperson said. Challenger chief executive highlighted that this is "an opportune ...

Challenger negotiates Care Annuity compromise

JAMES FERNYHOUGH  |  THURSDAY, 18 DEC 2014
... vulnerable aged customers, who will continue to receive the means test treatment they expected when they bought their Care Annuities. "We agree with the DSS that the reliability and consistency of the social security and aged care systems has been assured ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... encourage the take-up of income streams; amending laws to make it easier to offer products such as deferred lifetime annuities; and the introduction of compulsory annuitisation. In July, a review of the laws around retirement income products was launched. ...