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Showing 341 - 350 of 676 results for "Lifetime"

AMP launches LIF-ready resource

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2017
... them take the necessary steps to transition their business, he added. AMP also announced it will cease offering Flexible Lifetime Protection (FLP) insurance products and no longer accept applications from October 1. AMP Elevate will become its flagship ...

AMP and Challenger ink annuities deal

ALEX BURKE  |  TUESDAY, 5 SEP 2017
... portfolio in 2008. Financial advisers will now be able to apply online for Challenger's term annuities along with its Liquid Lifetime and CarePlus product suites. These products will also be accessible in AMP's North and MyNorth platforms along with ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
The Commonwealth Bank is aiming to grow the climate and green-aligned bond sector in Australia with a new global partnership. The bank, who arranged $1.02 billion of climate bonds into the Australia medium term note market in the 2017 financial year ...

Annuity sales soar as deferred products loom

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2017
... need for financial advisers to develop income layering strategies for clients has helped drive Colonial First State's lifetime annuity sales up by more than 80% in the last 12 months. Now with $850 million in annuities under administration, sales of ...

Annuity sales boost Challenger results

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
... which benefited from the company expanding its distribution network and product offerings. Long-term sales, which include lifetime annuities and 20-year maturity from its Japanese business Mitsui Sumitomo Primary Life Insurance or MS Private, accounted ...

Industry stars recognised at 2017 MAX Awards

JAMIE WILLIAMSON  |  FRIDAY, 16 JUN 2017
A record number turned out for the 22nd annual Financial Standard Marketing, Advertising and Sales Excellence Awards last night, recognising Australia's leading individuals and organisations in the financial services industry. The MAX Awards recognised ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... argued that this underperformance represented a $200,000 loss in retirement savings over the average income-earner's lifetime. Overall, the super industry collected $31 billion in fees over the year. Ninety-one percent of this was collected by what ISA ...

Colonial First State platforms make deferred annuities more accessible

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2017
Advisers will soon have access to Challenger's deferred lifetime annuities through Colonial First State platforms. Speaking at an adviser event in Sydney yesterday, CFS head of retail platforms Sam Wall announced that from 1 July 2017, Challenger products ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... particularly the case for members who need to make catch-up contributions because they are older and have not enjoyed a lifetime of compulsory super or have had significant periods out of the workforce," Class said. The latter group is disproportionately ...

Industry fund teams with Challenger on retirement

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... legalsuper is expanding its retirement product offering with the addition of two Challenger guaranteed income accounts. Both Lifetime and Fixed Term guaranteed income accounts will now be available - to provide members with a guaranteed income irrespective ...