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Showing 21 - 30 of 57 results for "Annuity sales"

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... on HUB24. The move comes off the back of strong sales growth in annuities. In the three months to September 2018, annuity sales reached $1.17 billion, up 7% on the prior corresponding period. Overall, Challenger's life book reached $1.57 billion at the ...

Challenger increases annuity distribution

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
... the 12 months to June 2018, Challenger saw a 12% increase in life sales to $5.6 billion, including $4 billion of annuity sales. Meanwhile, its investment arm received $5.3 billion in net flows for the year pushing its funds under management up 8%. Benari ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
... Wall said. Peter Chun, who was recently appointed general manager of distribution, said the firm boosted lifetime annuity sales by more than 80% in the past year. "[CFS] is working closely with partners to expand its product range and is expecting to ...

Colonial First State names new distribution head

ALEX BURKE  |  FRIDAY, 13 OCT 2017
... Elkins, who was appointed as executive general manager of CFS in 2012. Chun recently hailed CFS' boost in lifetime annuity sales by over 80% in the past year. He said "the firm is working closely with partners to expand its product range and is expecting ...

AMP and Challenger ink annuities deal

ALEX BURKE  |  TUESDAY, 5 SEP 2017
... In the 12 months to June 30, Challenger's life business reported sales of $5 billion underpinned by a 20% jump in annuity sales to $4 billion on the prior corresponding period. Challenger's funds management business recorded net flows of $6.2 billion ...

Annuity sales soar as deferred products loom

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2017
... 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 lifetime ...

Annuity sales boost Challenger results

KARREN VERGARA  |  TUESDAY, 15 AUG 2017
... to partnerships outside of Australia. The life business reported sales of $5 billion underpinned by a 20% jump in annuity sales to $4 billion on the prior corresponding period. The remaining $1 billion came from the new Guaranteed Index Return (GIR) ...

Industry fund teams with Challenger on retirement

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... insurance. The income can be paid monthly, quarterly, half yearly of annually. Off the back of announcing record annuity sales of $2.2 billion in its half-year results, Challenger has partnered with a number of investment managers to develop a retirement ...

Challenger hails major retirement partnership

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Straight off the back of announcing record annuity sales of $2.2 billion in its half-year results, Challenger is partnering with an international investment manager to develop a global bond product for Australian retirees. The new partnership with Standard ...

Challenger sees record sales boost in 2016

ALEX BURKE  |  TUESDAY, 16 AUG 2016
Challenger has boosted its annuity sales by 22% to $3.4 billion in 2016. The group attributed this increase to the moves in the super industry to include Challenger annuities on investment platforms. Chief executive Brian Benari said this allowed Challenger ...