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Showing 301 - 310 of 366 results for "Annuity"

Govt invites input on move to halve tax on savings

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
... to interest on deposits held in any bank, building society or credit union as well as interest on bonds, debentures and annuity products, and depends on the passage of the Minerals Resource Rent Tax legislation. The closing date for submissions is August ...

BT adopt retirement strategy with new head

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
... retirement team. Formerly the general manager, product and marketing at Challenger, Greenhalgh developed Challenger's annuity and managed fund products. Prior to this he held senior product development roles at MLC. "Australia's retirement population ...

Speed bumps to annuities

ELISE BURGESS  |  FRIDAY, 25 MAR 2011
... choice to launch direct forms of longevity protection, particularly annuities. The most common product is the lifetime annuity in Australia, yet on a global scale there are other forms under development including investment-linked lifetime annuities ...

Annuities help combat longevity risk: Cooper

ELISE BURGESS  |  FRIDAY, 4 MAR 2011
... platform and to sit inside allocated pensions," said Cooper. In the year to June 2010, Challenger wrote $2.2 billion in annuity sales, split almost evenly across retail and institutional markets while its retail annuity sales in the September quarter ...

TOWER, CommInsure tie as top insurers

ELISE BURGESS  |  THURSDAY, 24 FEB 2011
... track," said Rayson. In addition to the Life Company of the Year, other categories included product and service quality, annuity provider of the year and awards for innovation. Challenger set an early record with a hat trick in the income stream categories ...

SMSFs to hedge more against longevity risk

MATT WOODINGTON  |  THURSDAY, 24 FEB 2011
... have the most exposure to longevity risk. Robertson urged financial advisers to hedge against equity risks with lifetime annuity products that would pay investors if their money ran out during retirement. Robertson said that advisers must identify appropriate ...

Challenger boutiques and annuities enjoy strong half year

ELISE BURGESS  |  MONDAY, 21 FEB 2011
... for retail net book growth," said Stevens. Expanding its product focus, Challenger has created its first 'white-label' annuity product for an industry superannuation fund. According to Stevens, the product, open for members in both accumulation and retirement ...

Smarter annuities can plug retirement savings gap

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
... of the government for 'waiting for a disaster to happen' when it comes to the current retirement savings policy. Some annuity products are also far too complex for people to understand. "We need simple structures that say they'll pay you 'x' dollars ...

CBA wealth arm boosts profits

MATT WOODINGTON  |  WEDNESDAY, 9 FEB 2011
... previous 12 months. Its net profit after tax was down 5 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) ...

Cooper starts new role at Challenger

JOHN MCDULING  |  MONDAY, 6 DEC 2010
... Challenger Life, the division that runs the annuities business. In the year to June, Challenger wrote $2.2 billion in annuity sales, split almost evenly across retail and institutional markets.