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Showing 31 - 40 of 41 results for %22Richard Howes%22

Planners race to plug gap in aged care advice

LAURA MILLAN  |  MONDAY, 6 MAY 2013
... and it saw its annuities product line increase sales by 55% to $1.98 billion last year. Challenger chief executive Richard Howes said the dearth in aged care products was partly a result of the market's focus on accumulation prior to the GFC. AMP's ipac ...

Challenger gets Lonsec approval on annuities

LAURA MILLAN  |  MONDAY, 11 MAR 2013
... they say they will do - making them ideal for providing bedrock retirement income," Challenger Life chief executive Richard Howes said. Howes told Financial Standard that the approval is a result of "an intensive work on Lonsec part with Challenger management ...

Fixed income fund released

ELISE BURGESS  |  MONDAY, 16 APR 2012
... comparison, a fixed cashflow product can provide bedrock income and helps manage minimum drawdown requirements," said Richard Howes, Challenger Life chief executive. "Because it pays a known monthly amount regardless of interest rate and market movements ...

Challenger dominates annuity market

ELISE BURGESS  |  MONDAY, 5 DEC 2011
... annuity sales will soon reach the average levels experienced throughout the normal age pension exemption years," said Richard Howes, Challenger chief executive, life.

Smarter annuities can plug retirement savings gap

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
... life insurers or industry funds issuing annuities but I think they have to do their risk management a bit better." Richard Howes, chief executive of Challenger Life, said there is a perfectly adequate global market for insuring against annuities with ...

Cooper starts new role at Challenger

JOHN MCDULING  |  MONDAY, 6 DEC 2010
... "policy and advocacy type role" that will compliment the company's growing annuities business. Cooper will report to Richard Howes, head of Challenger Life, the division that runs the annuities business. In the year to June, Challenger wrote $2.2 billion ...

Shareholders vent fury over exec pay

JOHN MCDULING  |  FRIDAY, 19 NOV 2010
... strong performance. Chief executive Dominic Stevens' pay packet went up by roughly 65 per cent to $6.6 million while Richard Howes, head of Challenger Life, in which the annuities business is housed, saw his pay rise by 62 per cent to $5.7 million. However ...

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
... policies and with 60,000 clients, agrees that government annuities are not the only solution to longevity risk. Richard Howes, chief executive of Challenger Life, argues his case "particularly when there is so much innovation occuring in the private ...

Challenger takes annuities to platforms

COMPANY RELEASE  |  TUESDAY, 20 OCT 2009
... three, five and seven year terms. Investors can also exit the fund at anytime but it should be held till maturity. Richard Howes, chief executive at Challenger Life, said launching the fund onto the platform is a significant development for the annuities ...

Challenger annuities post record sales

MICHAEL HOBBS  |  THURSDAY, 8 OCT 2009
... clients have sought simplicity, certainty and low fees in preference to high fee, complex and opaque products," said Richard Howes, chief executive at Challenger Life. "Annuities are now being viewed as a real alternative for the fixed income component ...