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Showing 31 - 40 of 351 results for "annuities"

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... Dunnin says. He says what's missing is products that are linked to inflation, that can provide some assurance. And annuities aren't the answer, he says, adding that APRA data shows they only account for about 3% of retiree assets. "The real opportunity ...

Super funds are ready for RIC: Data

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... are seeking solutions from partners/providers to help plug gaps in their knowledge base (such as institutional term annuities and the decumulation investment mandate)," it said. However, it is solutions for managing longevity risk that top the list for ...

The challenge of retirement income

ANNABELLE DICKSON  |  FRIDAY, 12 NOV 2021
... growth assets which often means accepting less predictable income and increased risk," he said. "Insurance products like annuities can provide predictable income for an unknown future but with low rates and compromise of limited or no access to capital ...

Challenger adds market-linked annuity

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
Challenger Life has updated its annuities offering with a range of market-linked options in an attempt to overcome longevity risk and provide financial advisers with more retirement solutions. Ahead of the legislation of the Retirement Income Covenant ...

New shareholder at Challenger

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Will Vicars' Caledonia has sold its 15% stake in annuities giant Challenger to Athene Holding Limited and Apollo Global Management. Athene and Apollo, which are set to merge, now own 18% or $720 million of Challenger shares. Of this, 3% is subject ...

Industry fund ups admin fees

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... tax rebate on insurance fees for eligible members. As for the cash option, the super fund will introduce short-dated annuities in the hope of achieving potential higher returns for members. The cash option currently invests in a mix of short-term money-market ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... seen them get smaller and smaller returns. Newer retirement income products, like that offered by Allianz Retire+ or annuities or equities-based retirement income products like that offered by QSuper, appear to be part of the solution. Rady cautioned ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
... included in the SIS Act," she said. Already, some "smart thinkers" are putting together products that cover insurance, annuities and market-linked pensions, that will help retirees smooth consumption between their working and retirement life, Hume ad ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... lower FY21 profits, as tighter credit spreads force it to change annuity pricing. The life business, which includes annuities and other products such as Challenger Index Plus, saw $1.37 billion of net inflows from $2.4 billion of sales in the three months ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... research from University of Melbourne researchers has identified two reasons why financial advisers don't recommend annuities to their clients. Orford Initiative's latest findings found advisers play a key role in recommending annuities, but face barriers ...