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

Search Results

Showing 291 - 300 of 376 results for "Annuities"

Super tax concessions in spotlight

MELANIE TIMBRELL  |  MONDAY, 30 JAN 2012
... Financial Standard. Vamos referred to narrow definitions of a pension product and the current treatment of income from annuities that won't be realised until a future point in time as present regulatory issues requiring robust discussion. Pension products ...

US planners want retirement product simplicity

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
... successful retirement income planning. The features most in demand were automated products, transparent and affordable annuities and more innovative annuity products such as hybrid products.

Post-retirement risk in Australia: IMCA

CLAIRE MCGREAL  |  TUESDAY, 6 DEC 2011
... Wales, and director of centre for pensions and superannuation in Sydney, said he was surprised by the poor uptake of annuities here. "The Australian context is one of the most interesting when it comes to questions of longevity risk. What happens when ...

Challenger dominates annuity market

ELISE BURGESS  |  MONDAY, 5 DEC 2011
... September quarter research figures which found Challengers held only 38.2% in 2007. While the highest record sales of annuities in one calendar year is $4 billion in 2004, that peak was bolstered by an age pension asset test exemption and a higher number ...

Challenger's Stevens resigns, names successor

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
... experience to take the company forward from here". Challenger chair, Peter Polson, attributed the group's success in annuities to Stevens and wished him well in the future. "His foresight in recognising the retirement income opportunity and pivotal role ...

Market Wrap - Midday

AAP  |  THURSDAY, 20 OCT 2011
... $21.40. Challenger shares firmed three cents to $4.49 after the company said it sold a record $509 million of retail annuities in the first quarter, putting the company on track to meet its target of a 25 per cent increase in retail annuity sales for ...

Tax forum tackles wealth management issues

ELISE BURGESS  |  FRIDAY, 7 OCT 2011
... superannuation systems. "In particular, the FPA would like to see legislation amended to allow providers to develop 'deferred annuities' and other 'longevity protection' style income streams, where individuals can choose when to begin retirement income ...

Fortnum launches UMA to protect SMSF retirees

MATT WOODINGTON  |  THURSDAY, 8 SEP 2011
... managed account (UMA), which is supported by global partners P2group and Milliman, is designed as an alternative to annuities and offers a personalised portfolio protection solution. "Existing platforms in the market have not provided an adequate solution ...

Life insurance revenue down 13.9%

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
... individual risk products owning by far the largest margin of $254 million. Total revenue from risk products was $2.4 billion. Annuities also performed well with a NPAT of $142 million and a total revenue of $349 million.

Challenger taps CFSGAM head for retirement product

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
... too many retirees taking on too much retirement risk," he said. Challenger last Monday reported a stellar growth in annuities with a 56% rise in retail sales growth to $1.46 billion. New annuity products accounted for 35% of flows in the last 12 months. ...