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Showing 21 - 30 of 572 results for "Lifetime"

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... guaranteed income for life through a new retirement product it's partnered with Challenger on. TelstraSuper's RetireAccess Lifetime Pension provides guaranteed income for life and can be indexed for inflation or market-linked, and blended with existing ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... loans, commercial and SMSF, Pepper Money now has options that help meet the generational needs of your clients across a lifetime of circumstances," Saoud concluded.

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion, and lifetime annuity sales increased by 365% to $837 million. It found demand for longer dated annuities improved, with 91% of new business ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... however, ATO data suggests non-indexation might result in approximately 500,000 Australians exceeding the cap in their lifetime. "The proposed legislation has failed to allay farmers' apprehensions about the planned tax adjustments and their potential ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... other beneficiaries with entitlements in Retirement Access and Accumulate Plus and those with defined benefit (other than lifetime pension) entitlements will be moved to ART on November 4. Meanwhile, the second phase is expected to occur in the first ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... Council of Australian Taxation Office data found a significant portion of Australian taxpayers will breach the cap in their lifetime and 500,000 individuals currently saving for retirement or already retired could be impacted if the cap remains unind ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
... members spend more in the early stages of retirement with confidence, as well as have enough to last throughout their lifetime. "Easy Default is an account-based pension product and the first important plank of what NGS Super is doing in the retirement ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... Maritime Super is an exciting milestone and represents another step on Hostplus' growth and evolution to becoming a lifetime fund of choice for an increasing number of Australians," Elia said. Notably, recent APRA data shows that total superannuation ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... retail market jumped 53% to $3.6 billion in FY23, split across retail term annuity sales of $2.9 billion (up 53%) and lifetime sales of $700 million (up 49%). Some 74% of new business annuity sales were longer dated at two years, up from 50% in FY22. ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
Challenger will provide Aware Super with a $619 million group lifetime annuity policy to de-risk some of its lifetime pension liabilities. Challenger was selected by the fund, saying it is well placed to meet the needs of Aware Super's defined benefit ...