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Showing 301 - 310 of 376 results for "Annuities"

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 ...

Rainmaker reveals 2011 Sales & Marketing Excellence Awards

MATT WOODINGTON  |  THURSDAY, 14 JUL 2011
... 'Future-proof your retirement' campaign. It also bagged the best innovation of the year award for its Liquid Lifetime Annuities. Australian Super's Brook Carter and Paul Schroder picked up awards for marketer of the year (superannuation) and wealth executive ...

Bravura wins Russell retail deal

MATT WOODINGTON  |  MONDAY, 4 JUL 2011
... client of Russell's, won a five year contract for Sonata, a platform that covers life insurance, trust, pension and annuities, group superannuation and UK wrap. Russell will use the Sonata platform for its Private Series, a suite of investment and super ...

Super problems to short-change retirees

ALISON BEVEGE  |  FRIDAY, 13 MAY 2011
... sum. He said insurance solutions should be considered rather than just the current wealth-management approach. Lifetime annuities needed to be a bigger part of a retiree's defensive allocation. Private pensions also had a role to play, he said.

Challenger boosted by life sales

MATT WOODINGTON  |  MONDAY, 18 APR 2011
Challenger reports strong boutique inflows and life sales with retail investors continuing to pour money into its annuities products. At March 31 2011, Challenger's total assets and funds under management had reached $27 billion, a 22 per cent rise ...

Speed bumps to annuities

ELISE BURGESS  |  FRIDAY, 25 MAR 2011
Existing government rules on certain retirement products are stifling growth and innovation in annuities - affecting how super funds can address longevity risk, according to a Towers Watson report. Under the current tax and the age pension means test ...

Annuities help combat longevity risk: Cooper

ELISE BURGESS  |  FRIDAY, 4 MAR 2011
... not going to go away, we need more focus on longevity risk and they need to have around 30 per cent allocation into annuities," said Cooper. Cooper spoke of the benefits of annuities as the new asset class, especially for advisers who have retiree clients ...

Challenger boutiques and annuities enjoy strong half year

ELISE BURGESS  |  MONDAY, 21 FEB 2011
Challenger has upgraded its growth targets for its funds management and life sales business after posting record returns this morning. In the group's half yearly 2011 results, Challenger's total assets under management rose 8 per cent to $25.8 billion ...

Smarter annuities can plug retirement savings gap

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
Leading superannuation expert and academic John Evans believes there are more ways to develop the annuities market than are currently being explored. The uncertainty attached to longevity, or people outliving their savings, and its impact on the wider ...

CBA wealth arm boosts profits

MATT WOODINGTON  |  WEDNESDAY, 9 FEB 2011
... per cent to $359 million, however, due to the unwinding of unrealised annuity mark to market losses on the Guaranteed Annuities portfolio. Colonial First State Global Asset Management (CFSGAM), 'S&P's Fund Manager of the Year', registered underlying ...