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Showing 491 - 500 of 676 results for "Lifetime"

FEATURE: Insuring against longevity risk

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... present government has delayed it). The other is developing products that insure against longevity risk, such as deferred lifetime annuities. ASFA's emphasis on annuities and longevity risk products is in line with the OECD's recommendations. For the ...

Retiree 4pct drawdown limits too high

ALEX DUNNIN  |  TUESDAY, 11 MAR 2014
... This is because separate research from groups such as Mercer and Rainmaker have found that two-thirds of a retiree's lifetime investment income is earned after they have retired.

LGS to white label MetLife's latest offering

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
... of retirement products, MetLife Max. The new offering, which offers accumulation, transition to retirement (TTR) and lifetime annuity products, was unveiled yesterday. LGS chief executive Peter Lambert said the agreement with MetLife was in response ...

MetLife launches long-awaited retirement product

JAMES FERNYHOUGH  |  TUESDAY, 4 MAR 2014
... capital guaranteed; two transition-to-retirement products (TTRs), one of which is guaranteed; and a post-retirement "lifetime growth annuity". The first two products are available from age 45; the second two from age 55; and the lifetime annuity from ...

Challenger reports record annuities sales

JAMES FERNYHOUGH  |  TUESDAY, 18 FEB 2014
... Overall Challenger's retail and institutional sales reached $1.75 billion. In the retail space, 19% of annuities were lifetime products. Challenger reported earnings per share (EPS) of 31.8 cents, up 14%, translating to an unfranked interim dividend ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... continue working. In its pre-budget submission to Treasury, the Actuaries Institute also recommended bringing deferred lifetime annuities under the same tax regime as other post-retirement income products. The submission referred to Assistant Treasurer ...

ASFA calls for clarity on retirement income review

JAMES FERNYHOUGH  |  WEDNESDAY, 5 FEB 2014
... and terms of reference for its review of retirement income stream regulations, including the tax treatment of deferred lifetime annuities (DLAs). In December last year, the minister responsible for financial services and superannuation, Arthur Sinodinos ...

Government scraps Labor's annuities reforms

JAMES FERNYHOUGH  |  MONDAY, 16 DEC 2013
... The government will not proceed with Labor's plan to grant tax concessions to retirement income derived from deferred lifetime annuities (DLAs). Under Labor's proposed legislation announced as part of the 2013-14 budget, DLA earnings would have received ...

Challenger acquires SMSF business

MARK SMITH  |  MONDAY, 16 DEC 2013
... broader review of the regulatory arrangements for retirement income streams. "Longevity insurance products like deferred lifetime annuities are likely to hold appeal for SMSFs if designed with their particular needs in mind," Benari continued. "We look ...

QSuper's Vilgan wins top business women's award

MARK SMITH  |  FRIDAY, 15 NOV 2013