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Showing 11 - 20 of 87 results for "Lifetime annuities"

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
Lifetime annuities have often been set and forget products - very stable, very predictable and linked to one asset with total inflexibility - but that's completely changed, Generation Life chief executive Grant Hackett said. The perception of traditional ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities that have no index, are indexed to the CPI or partially indexed to it. "The innovative new RBA Cash Linked option allows customers ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... Challenger. Most of CommInsure's annuity sales are from its fixed term products, but it is now working on deferred lifetime annuities. "We have been looking at them for some while. The July 1 regulation changes have provided certainty around social security ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... the clients individual circumstances, Lowe said in many cases periods were less than five years for deferred lifetime annuities. "And if I look to the limited number that we have actually had invest in this particular product [deferred lifetime annuities] ...

New Bill bolsters retirement income

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... the near future. Currently the means test rules for lifetime income streams apply to simple products, such as lifetime annuities, the explanatory memorandum shows. The new means test rules aim to strike a balance between encouraging the development of ...

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... up its distribution capabilities by launching its annuities on a fifth platform. Challenger fixed-term and lifetime annuities will launch on the netwealth platform. It follows an announcement in August that saw products made available on BT Panorama. ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
... new means test rules will also enable the development of new retirement income products, including deferred lifetime annuities. Challenger described such products as "essential building blocks for CIPRs." Challenger said its fixed-term annuities, which ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... expenditure. The Financial Services Council said it welcomes the Government's efforts to reform the pensions test for lifetime annuities, and the concept requiring trustees to formulate a retirement plan for members. "This change should provide certainty ...

Managed accounts now available via FirstChoice

JAMIE WILLIAMSON  |  TUESDAY, 21 NOV 2017
... advisers and licensees. In another major expansion to its investment menu, CFS also added Challenger's deferred lifetime annuities to FirstChoice this year in what was a first for platforms in Australia. Despite having also been added to FirstWrap, at ...

CommInsure adds new annuity strategy

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
... derived from a blend of account-based pensions and annuities, supplemented by the Age Pension. "Investing in lifetime annuities as part of a layered plan often make sense for retirees and, for the first time, CommInsure has guidance on the "how" and ...