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Showing 51 - 60 of 376 results for "Annuities"

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... offered a new guaranteed fixed three-year term annuity at 4.4% per annum. The investment manager said this rate shifted annuities into sharper competition with other defensive assets such as term deposits. At the time, Challenger's chief customer officer ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... an income stream for the rest of their life that adjusts in line with inflation changes. Moreover, regarding lifetime annuities there's been an innovation to provide payments that increase in line with either an underlying diversified portfolio or ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
... solutions available through the North platform that combines an account-based pension with the lifetime cashflow features of annuities. The MyNorth Lifetime Income account is a flexible pension account that provides a market-linked income stream and ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
Lifetime annuities have often been set and forget products - very stable, very predictable and linked to one asset with total inflexibility - but that's completely changed, Generation Life chief executive Grant Hackett said. The perception of traditional ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... low-risk options and comes with the Challenger guarantee. "It reflects Challenger's ability to offer competitive rate annuities, in an environment where the Reserve Bank of Australia is raising the official cash rate," he explained. "For many retirees ...

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 ...