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

Search Results

Showing 11 - 20 of 351 results for "annuities"

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... with its CSCri account-based pension. "We are delighted to partner with Challenger, Australia's largest provider of annuities," CSC chief executive Damian Hill said. "CSC has undertaken a detailed review of the options and providers available to help ...

Netwealth to distribute private markets offering

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... investment menu. During the quarter we added an industry-first small parcel bond service, plus we expanded our range of annuities, extender our term deposit menu and will soon launch a 31-day notice cash fund," Heine said. "Our new business pipeline ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... 17% to $2.1 billion, and lifetime annuity sales increased by 365% to $837 million. It found demand for longer dated annuities improved, with 91% of new business annuity sales being lifetime or a term of two years or more, compared to 69% on the prior ...

Women less confident to retire: Vanguard

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... higher proportion of men felt moderately or very confident across a wide range of products and services from ETFs to annuities, the Age Pension and property. Vanguard head of super Shannon Nutter said: "There's a whole spectrum of circumstances that ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... Before that, he was general manager at Challenger and was responsible for the company's underlying growth strategy in the annuities and life business units, which included its group portfolio and mergers and acquisitions strategy. "The appointment of ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... 75% of TelstraSuper's retirement income on offer are account-based pensions. The remaining 25%, which are group annuities, will see the super fund issue its own lifetime income stream that will be insured by Challenger. On July 31, Challenger kicked ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... is not clear, however, how trustees can help members choose between the range of account-based pensions and lifetime annuities that are currently available," he added. Regulatory Guide 276 Superannuation forecasts: Calculators and retirement estimates ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... certainty for their clients in retirement, while Natalie's deep sector knowledge of retirement income solutions and annuities will support the efforts in NSW to deliver solutions to advisers and their clients. Natalie has a deep understanding of ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... over the past year, with opportunities in the UK for Pension Platforms such as master trusts, personal pensions, and annuities. "We have a diversity of potential client opportunities across wealth managers, retail investment platforms and superannuation ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... ensuring that the investor's purchasing power remains intact. "Retirees are worried about inflation and it [CPI-linked annuities] gives them protection; it's a guaranteed inflation adjustment," Minney said. To mitigate the risk of running out ...