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Showing 21 - 30 of 72 results for "Lifetime annuity"

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... Hackett said. "We are now delighted to partner with Optimum Pensions. Together, we will deliver an innovative lifetime annuity that will help Australian live a more stress-free retirement - knowing that they won't run out of money..." GDG will release ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced it will cease its investment in Ascalon Capital Managers, which it acquired after Westpac offloaded ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... Longevity Cover Excellence Award, together with the Longevity Product (Non-Investment Linked) Award for its Liquid Lifetime Annuity. The ASX-listed firm also won the Innovation Long Term Product Award (Liquid Lifetime RBA cash-linked option) and Client ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ...

Taper rates need revamp

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... retirement savings could benefit from a more equitable taper rate, longevity protection products (especially deferred lifetime annuity style products) and low-cost access to financial advice and information. This is according to Rice Warner chief executive ...

Challenger recruits Generation Life co-chiefs

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... leading annuities provider in Australia, but domestic annuity sales were down 25% in the first half. In Australia, Lifetime annuity sales tumbled 52% while term annuity sales were down 16%, with Challenger attributing the dip to new means testing rules ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
... that will last for life is a key factor for worrying less, with those people with a defined benefit pension or a lifetime annuity reporting the lowest levels of worry. In perhaps disheartening news for financial advisers, whether a person received advice ...

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... five years. Challenger currently reinsures an Australian-dollar 20-year term product and an Australian-dollar lifetime annuity product, according to CGF's annual report. Ownership On 23 August 2017, MS&AD Holdings acquired $500 million of Challenger ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... the year, the long term income stream award and the annuity and income stream innovation award for its deferred lifetime annuity. Zurich was recognised for its service capabilities, winning the service quality award, while AIA's Priority Protection ...

New mortality study adds to retirement conversation

KANIKA SOOD  |  FRIDAY, 7 DEC 2018
... stimulate industry development of post-retirement products. David Orford's firm Optimum Pensions is launching a lifetime annuity with an insurer taking on the longevity risk developed as a CIPR.