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

Search Results

Showing 211 - 220 of 376 results for "Annuities"

Actuaries Institute to advise FSI on longevity

JAMES FERNYHOUGH  |  MONDAY, 25 AUG 2014
... from short term political debates." The submission also said that increased demand for retirement products such as life annuities will lead to an increase in demand for fixed income securities such as government and corporate bonds. On the question of ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
... Challenger's $530 million capital raising program is likely to tighten the company's already firm grip on the lucrative annuities market. The figure will be raised from a combination of a $250 million institutional share placement and a $30 million retail ...

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
Challenger is looking to raise a total of $530 million to inject further growth in its booming annuities business. The figure will be raised from a combination of a $250 million institutional share placement, a $30 million retail share placement and ...

Challenger pinches account managers from AMP

MARK SMITH  |  MONDAY, 11 AUG 2014
... management are $49.5 billion, up 21% for the 12 months to March 2014. Recently Challenger sold $478 million in retail annuities, up 35% on the prior corresponding period for the quarter ending March 2014.

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... Financial Services Council conference, the former treasurer said forcing consumers to take their super in the form of annuities was not the right approach. "My view is, annuities have an important role to play, but they have to stand up in the market. ...

Lump sum rules 'utterly unsustainable': Sherry

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... a pretty obvious arbitrage." He said, while there is a great deal of discussion about increasing the availability of annuities in Australia, people would be unlikely to buy them under the current rules. "There will be no demand unless the government ...

NGS launches income-focused retirement product

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
... member's super may run out, especially as life expectancy in Australia continues to increase. Instead of opting to buy annuities or longevity insurance, the Income Generator focuses on deriving income from investment earnings. It has an asset allocation ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... areas: the regulation of superannuation income streams; specific impediments to the development of deferred lifetime annuities (DLAs); and proposed changes to the minimum drawdown rules. In the first section, the paper asks for feedback on what sort ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... encourage the take-up of income streams; and amending laws to make it easier to offer products such as deferred lifetime annuities.

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... introducing legislation to allow for more retirement product innovation. It considered the benefits of deferred lifetime annuities, group self-annuitisation, and the possibility of the government issuing its own longevity insurance products. Regarding ...