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Showing 271 - 280 of 366 results for "Annuity"

Consumers clueless on retirement: Bateman

MARK STORY  |  THURSDAY, 15 NOV 2012
... thought a balanced option was effectively another name for safe assets. "While only a third of people, had heard of an annuity, and only 48% were familiar with an allocated pension, the research also discovered that hardly anyone realised that a life ...

Challenger AUM swells to $35.2bn

MARK SMITH  |  THURSDAY, 18 OCT 2012
... be growing both our life and funds management businesses and can confirm that we are on track to meet our 2013 retail annuity sales growth target of 15%, $2.25 billion, as well as net book growth of 10%. "Importantly, we are successfully extending tenor ...

Annuities lead US advice requests

ALEX DUNNIN  |  WEDNESDAY, 10 OCT 2012
... increase of more than 15%. The product ranked sixth in 2011," said Donnie Ethier, senior analyst at Cerulli. But although annuity awareness is growing in the US, Cerulli said insurers and advisors must not forget that one-third of households are still ...

NSW and CFS partner in first gov retail annuity bond

MARK STORY  |  FRIDAY, 5 OCT 2012
Colonial First State (CFS) and the NSW Government have announced a new arrangement that will see the NSW Waratah Annuity Bond offered on the CFS FirstWrap, one of the fastest growing platforms in the industry. The NSW Waratah Annuity Bond, developed ...

Separate wealth from income strategy: Merton

MELANIE TIMBRELL  |  FRIDAY, 24 AUG 2012
... wealth, Merton said. "All we're doing here is changing the units... rather than reporting returns in dollars we're using annuity units, which are what's relevant to the goal. "So all you need to do in your models is to reconstitute the way you measure ...

Challenger attributes 20% profit growth to annuity/life

MELANIE TIMBRELL  |  MONDAY, 20 AUG 2012
... announced a normalised net profit after tax (NPAT) of $297 million for FY12, up 20% on FY11 following record Life and retail annuity product sales. Challenger's Life division posted total product sales of $2.66 billion, with a large increase in institutional ...

Polarisation of super dubbed "shocking" by UK manager

MELANIE TIMBRELL  |  THURSDAY, 9 AUG 2012
... a place alongside other income components. Hogan referred to the UK phased system where you don't have to commit to an annuity purchase until 75. "I know there are some people in the marketplace here starting to talk quite positively about annuities ...

Annuities regaining acceptance: Challenger

ALEX DUNNIN  |  FRIDAY, 3 AUG 2012
... investors and advisers are still wary about what happens to their capital if they don't live long enough to exhaust the annuity. "We now sell in a month what we used to sell in a year," said David Hutchinson, senior manager of retirement income at Challenger ...

NSW govt run annuity targets platforms

BEN COLLINS  |  MONDAY, 2 JUL 2012
The NSW government will target the platform market with an annuity product as a source of funds for infrastructure projects. The 'Waratah Annuity Bond' guaranteed debt instrument offers retail investors in Australia the opportunity to buy an annuity ...

Low cost pensions to shake-up UK market

ALEX DUNNIN  |  TUESDAY, 22 MAY 2012
... fees from 0.3% pa plus a weekly admin charge. Attracting their interest is that the UK is already the world's largest annuity market, accounting for A$19bn in annual sales but forecast to double within thee years due to regulatory reforms that are designed ...