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Showing 21 - 30 of 376 results for "Annuities"

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... anyway, just at more cost than better system guidance," Grattan said. Research shows that only 6% of Australians take up annuities, making Australia an "international outlier" by not emphasising guaranteed lifetime incomes whether via annuities or other ...

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
... with the potential to utilise solutions such as the BFSI Platform, which caters to the life insurance, pension, and annuities industries. Mumbai-based TCS won a mandate from the ASX in 2023 to provide clearing and settlement services. Last October, the ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... Newton. That same year, it floated its subsidiary CF Corporation on the NASDAQ. In 2017, CF Corporation and fixed indexed annuities and life insurance provider Fidelity & Guaranty Life merged. Insignia added that CC Capital's proposal is "subject ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... in total inflows in the June quarter alone, setting an all-time sales record for both investment bonds and lifetime annuities during the period. The investment solutions provider said the record year of sales also resulted in a 26% increase in FUM over ...

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... life is becoming increasingly important to Australian retirees." The whitepaper found while traditional, less-flexible annuities have a role to play, a strong focus on simplification ensures new-era lifetime income solutions have a user-friendly approach. ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... could spend their pension how they please, including withdrawing 25% tax-free. Previously, retirees were forced to buy annuities to see them through their later years. Following the review, the FCA is concerned there is not adequate support in the market ...

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... we talk about ESG were career highlights. Just wait until you see what the team has in store on retirement income and annuities research." Dunnin isn't hanging his boots up altogether, however. In a previous life, Dunnin was a high school mathematics ...

Baby boomers turn to local private debt: Research

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... retirees who may need to draw down on capital periodically. "We note Challenger, the country's largest player in the annuities market, has recently entered the Australian private debt market," Foresight Analytics said. The report emphasised two crucial ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... annuity that pays an income equivalent to the Age Pension would cost a retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information, supported by Plan ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the term of a policy must exceed 10 years to qualify as a life policy. The Regulations also streamline ...