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Showing 221 - 230 of 376 results for "Annuities"

AllianceBernstein adds Global High Income Fund

HARRY PAGE  |  THURSDAY, 10 JUL 2014
... tolerance of risk and that are seeking monthly income at more competitive levels than those available from term deposits and annuities. AllianceBernstein executive director Ross Kent said this is the first time that the fund is being offered in Australia. ...

Retirement innovation deadlock continues

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
... on consumer appetite for longevity risk products. Challenger's considerable uptick in demand - selling more lifetime annuities in the first half of the 2013-14 financial year than it did in the entire previous financial year - is not a reliable indication ...

Super contribution caps "limited and inadequate": Deloitte

MARK SMITH  |  THURSDAY, 26 JUN 2014

Zenith launches range of retirement portfolios

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
... potentially further enhance pension benefits." The six products are: Retirement Defensive, Retirement Core, Retirement Growth, Annuities + Retirement Defensive, Annuities + Retirement Core and Annuities + Retirement Growth. Zeniths said the portfolio ...

Bring on compulsory annuities, says Deloitte partner

JAMES FERNYHOUGH  |  WEDNESDAY, 28 MAY 2014
The government should introduce compulsory deferred lifetime annuities as a way of insuring against longevity risk, Deloitte's lead superannuation advisory partner Russell Mason has said. Speaking about the future of superannuation at Russell Investments' ...

Baby boomers account for four in five dollars under advice

MARK SMITH  |  TUESDAY, 27 MAY 2014
... shows that an increasing number of planners are turning to guaranteed income products such as longevity insurance and annuities. Thirty-two per cent of planners say they recommended annuities in the 12 months to December 2013, up from 26% in 2012 - and ...

Equip to launch pension version of MySuper

JAMES FERNYHOUGH  |  FRIDAY, 9 MAY 2014
... MyPension. "I would love to have a deferred annuity in there," Press told Financial Standard. "But at the moment deferred annuities don't work from a tax perspective and they don't work in allocated pensions." She added: "I'd love to sell deferred annuities ...

Challenger sees sustained interest in lifetime annuities

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
Challenger has continued to grow its lifetime annuities business, with sales more than doubling in the first quarter of 2014 compared to the prior corresponding period (PCP). Overall, Challenger Life's annuity sales - including lifetime and fixed annuities ...

Could government issue its own annuities?

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
The government could play an active role in the creation of a functioning annuities and longevity insurance market, according to the Centre of Excellence in Population Ageing Research (CEPAR) in its submission to the Financial System Inquiry. While ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
A Canadian finance professor has come up with a way of making lifetime annuities affordable by designing them so they only pay out if the market does badly. According to Moshe A. Milevsky of York University, Toronto, while lifetime and deferred lifetime ...