Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 366 results for "Annuity"

CommInsure annuities listed on CFS wrap platforms

LAURA MILLAN  |  TUESDAY, 30 JUN 2015
... annuities." Lytas explained that a "layered approach" or combining the age pension with an account based pension and a lifetime annuity can provide superior outcomes for Australians in retirement. "A combination of a CPI-indexed lifetime annuity with ...

Alternative income sources could benefit retirees

ALEX BURKE  |  MONDAY, 29 JUN 2015
... account based pensions in a context of low rates and new rules for aged care means-testing. Imputation bonds can provide an annuity-like payment stream with greater flexibility on the drawdown and frequency of payments, according to AUSTOCK Life managing ...

Challenger and Link partner to offer super annuities

ALEX BURKE  |  MONDAY, 15 JUN 2015
Challenger has partnered with Link Group to offer annuities to industry super fund members. The annuity products will be made available via Link's Australian Administration Services (AAS) business, which includes REST Industry Super, LegalSuper, TWUSuper ...

IOOF ripe for takeover, fund manager says

LAURA MILLAN  |  THURSDAY, 11 JUN 2015
... distribution channels," he explained. "If someone was thinking about taking over IOOF, they would be attracted by that stable, annuity type of income," he said, adding that the nature of funds management businesses makes them experience "more ups and ...

VicSuper and Challenger launch integrated super retirement product

DARREN SNYDER  |  THURSDAY, 11 JUN 2015
... income in retirement." The first CIPR product, VicSuper Guaranteed Income for Life, is similar to a contemporary lifetime annuity. The second, Guaranteed Fixed Term Income, is similar to a fixed term annuity. They are intended to supplement use of the ...

FEATURE: Defending wealth

STAFF WRITER  |  TUESDAY, 9 JUN 2015
... retirement objectives - which includes payments from the age pension, potentially supplemented by the "private pension" of an annuity - with "aspirational" goals. In this philosophy, annuities and "other sources of guaranteed income" meet the "must-haves" ...

Macquarie profit beats forecast

MARK SMITH  |  FRIDAY, 8 MAY 2015
... additional investments and favourable foreign exchange and market movements. The six months to 31 March 2015 saw Macquarie's annuity-style businesses - which include Macquarie Asset Management, Corporate and Asset Finance and Banking and Financial Services ...

CFS reveals retirement income strategy

LAURA MILLAN  |  MONDAY, 4 MAY 2015
... variable annuities: "We did a lot of modelling on variable annuities because they are seen as the silver bullet. They put the annuity and the account based pension into a single product." However, "the problem is that there's been a couple of providers ...

Super lump sum myth debunked

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
... Another 17.6% did it to invest the money elsewhere; 12.8% rolled it over, invested in an approved deposit fund, a deferred annuity or another superannuation scheme; and 12% had withdrawn their super but were undecided and did not know what to do with ...

Advisers turning to annuities for longevity risk

ALEX BURKE  |  MONDAY, 13 APR 2015
... already increasing usage, the intention to use annuities has also increased with 59% of planners intending to recommend annuity products in the coming year, up from 45% saying so in the previous study." "In recommending annuities, planners are responding ...