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Showing 31 - 40 of 376 results for "Annuities"

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by trustees. In formulating its submission on Superannuation in retirement, the Super Members Council (SMC) - which ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... security benefits. Meanwhile, HUB24 and Netwealth have natively integrated Allianz Retire+ AGILE and Challenger fixed-term annuities respectively, allowing advisers to administer these solutions like other investments on the platform, Peker said.

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... high-ish rates," Lusher said. Outside the popularity of cash and term deposits, other fixed income products including annuities have been bolstered by higher interest rates. "We are having exciting conversations with our retiree clients about a much ...

Market performance fails to sway retirement confidence: State Street

ANDREW MCKEAN  |  FRIDAY, 19 JAN 2024
... developing holistic solutions to this problem has been intensified by Australians' historical reluctance to embrace annuities. Nevertheless, the survey results showed "encouraging signs" that annuities may have turned a corner. "Acceptance of some of ...

Industry needs better retirement advice blueprint: Expert

KARREN VERGARA  |  THURSDAY, 30 NOV 2023
... expectations with strategies and options available in the market. One of the main drivers behind the low take up of annuities in Australia is that they are not available on Approved Products List (APLs) - which limits advisers on what they can recommend ...

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... with its CSCri account-based pension. "We are delighted to partner with Challenger, Australia's largest provider of annuities," CSC chief executive Damian Hill said. "CSC has undertaken a detailed review of the options and providers available to help ...

Netwealth to distribute private markets offering

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... investment menu. During the quarter we added an industry-first small parcel bond service, plus we expanded our range of annuities, extender our term deposit menu and will soon launch a 31-day notice cash fund," Heine said. "Our new business pipeline ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... 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 annuity sales being lifetime or a term of two years or more, compared to 69% on the prior ...

Women less confident to retire: Vanguard

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... higher proportion of men felt moderately or very confident across a wide range of products and services from ETFs to annuities, the Age Pension and property. Vanguard head of super Shannon Nutter said: "There's a whole spectrum of circumstances that ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... Before that, he was general manager at Challenger and was responsible for the company's underlying growth strategy in the annuities and life business units, which included its group portfolio and mergers and acquisitions strategy. "The appointment of ...