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

Search Results

Showing 11 - 20 of 27 results for "Income Plan"

Retired Aussies make financial decisions alone

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... forgetting' given the uncertain economic environment. "81% of those retired have never developed a written retirement income plan and only 43% told us they have a strategy to generate income for retirement that could last 30 years or more," Damianakis ...

Value but no trust in advice: Report

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
New research from ASIC reveals what consumers really think when it comes to financial advice. The independent research, commissioned by the regulator, found that while consumers can see the value in seeking financial advice, lack of trust in the industry ...

Retirement innovation deadlock continues

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
... the latest example of the challenges facing longevity risk products. It follows the closure of Macquarie Guaranteed Income Plan last year. Products of this sort are designed to make retirement savings last. While they provide improved long-term outcomes ...

US planners want retirement product simplicity

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
US FPA research shows adviser demand for a single retirement income planning product while systematic withdrawal was deemed the most effective in helping clients maintain retirement plans and lifestyle. The US Financial Planning Association (US FPA) ...

Challenger results prove annuity winner

ELISE BURGESS  |  MONDAY, 22 AUG 2011
Challenger Limited full year results has revealed a "stellar growth in annuities" with a 56% rise in retail sales growth to $1.46 billion and life cash earnings up 19% to $401 million. Challenger also posted normalised net profit after tax up 7% to ...

Seniors question policy hold-up on retirement

ELISE BURGESS  |  FRIDAY, 25 FEB 2011
National Seniors Australia is tired of waiting for the government to make up its mind on retirement incomes policy and has demanded the government step up with some clarity on what the regulations will be. Speaking at the 2011 SPAA SMSF National Conference ...

Challenger poised for boutique growth

ASX RELEASE  |  MONDAY, 19 APR 2010
... products stood at $241 million (including an additional $43m of Guaranteed Index Return). Challenger's core Guaranteed Income Plan saw March sales almost double compared to levels seen in January. Meanwhile, the group saw net institutional flows of $256 ...

UK variable annuity sales dive

COMPANY RELEASE  |  MONDAY, 7 DEC 2009
... Andy Saunders, senior consultant at Watson Wyatt. These figures come after Challenger Financial Services' Guaranteed Income Plan gained $91 million in August alone with three and five year annuity terms the most popular. In addition, last year's sales ...

Report finds retirement income advice shortfall

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
Australians over 40 years of age may not be receiving the type of advice they need after a report found less than half of respondents to a survey are getting advice on retirement income planning. The Investment Trends 2009 Retirement Income Report based ...

Challenger annuities post record sales

MICHAEL HOBBS  |  THURSDAY, 8 OCT 2009
Challenger's Guaranteed Income Plan annuities product received a record $91 million in August alone as financial advisers look for ways to preserve client income in retirement. In addition, while financial advisers are also allocating client money to ...