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Showing 31 - 40 of 87 results for "Lifetime annuities"

Challenger annuities march on

MARK SMITH  |  FRIDAY, 22 APR 2016
... represents a 29% on the same period last year and included strong growth in both term annuities (up 22%) and lifetime annuities (up 63%). Life annuity net book growth for the quarter was $135 million, or 1.6%. Total life sales for the quarter were $864 ...

Actuaries call for objectives across retirement system

DARREN SNYDER  |  FRIDAY, 8 APR 2016
... at 15%). Remove regulatory barriers on the development of retirement income stream products such as deferred lifetime annuities.

CFS upgrades FirstChoice and FirstWrap

MARK SMITH  |  THURSDAY, 17 MAR 2016
... "No other platform offers retirees and their advisers such easy and convenient access to the leading term and lifetime annuities for retirement planning," Chun said.

Retirement incomes become industry focus

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
... increasingly we're seeing annuities being incorporated in to other products. While we're seeing more fixed term and lifetime annuities I think what people are waiting for is to see more deferred annuities which have a lot to say for the later stage in ...

Annuities to become more competitive

DARREN SNYDER  |  WEDNESDAY, 15 JUL 2015
More competitors are expected to offer annuities should tax impediments around deferred lifetime annuities be removed in the impending financial services and tax reviews. CommInsure head of annuities, George Lytas, said the removal of that tax impediment ...

Advisers turning to annuities for longevity risk

ALEX BURKE  |  MONDAY, 13 APR 2015
... respondents were recommending annuities to clients - up from 32% in 2013. Furthermore, the research shows that lifetime annuities have become the "guaranteed income product of choice" with 39% of participants expressing an intention to use them in 2015. ...

Competition for annuities likely to remain low

LAURA MILLAN  |  FRIDAY, 27 MAR 2015
... simply a matter of making the necessary changes to the law, and the market for very conventional [deferred lifetime annuities] DLAs will blossom. "Even if DLAs turn out to be quite attractive to the market, there is a myriad of issues for the life insurers ...

IGR proves current welfare level is unsustainable: FSC

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
... Benari said that "we need to urgently level the taxation playing field to allow the introduction of deferred lifetime annuities, which will come at no cost to revenue, and has bi-partisan political and wide industry support. "With Australia's annuity ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... encourage the take-up of income streams; amending laws to make it easier to offer products such as deferred lifetime annuities; and the introduction of compulsory annuitisation. In July, a review of the laws around retirement income products was launched. ...

FSI report favours longevity pooling

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
... provide CIPRs." The report suggested a CIPR could be combination of account-based pensions and either deferred lifetime annuities or group self-annuitisation schemes of the type developed by Mercer. The report also recognised that there is currently ...