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Showing 51 - 60 of 572 results for "Lifetime"

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... protection, and a traditional defined benefit pension. Alternatively, the report recommended a guaranteed CPI-linked lifetime annuity that pays retirees an income stream for the rest of their life that adjusts in line with inflation changes. Moreover ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
AMP has launched MyNorth Lifetime, a new suite of 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 ...

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 ...

Former fund manager, philanthropist Brian Sherman passes away

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... his services to the community and his philanthropy, Sherman was awarded the Order of Australia medal in 2004. Over his lifetime, he also received the B'nai B'rith Gold Medal for outstanding humanitarianism (alongside his wife Gene), the Ernst ...

Stock exchanges, industry pay tribute to Queen Elizabeth II

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  FRIDAY, 9 SEP 2022
... passing, Governor General David Hurley said: "I join all Australians in mourning and reflecting on Her Majesty's lifetime of tireless service." "She was a truly remarkable person. As our Queen, she served our nation with enormous distinction for ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
... growth, investment in product and technology and strong capital management to deliver higher returns for shareholders. "The lifetime value of our client relationships sits at $25.7 billion, many multiples of our market capitalisation, highlighting the ...

BlackRock Real Assets buys battery grid business

CHLOE WALKER  |  TUESDAY, 16 AUG 2022
... Australia, BlackRock said. The investment is expected to reduce over 15 million tons of CO2 equivalent emissions over the lifetime of the projects. "As renewable energy infrastructure continues to mature in Australia, investment is required in battery ...

Optimum Pensions, Generation Life launch lifetime annuity

CASSANDRA BALDINI  |  WEDNESDAY, 3 AUG 2022
Optimum Pensions and Generation Life partnered to launch an investment-linked lifetime annuity. The LifeIncome products offers a lifetime annuity with 23 different investment options and has reversionary benefit and death benefits. A statement called ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... Australia. Apex Group head of private market sales Andrea Gallenca said: "As a carbon neutral business that has offset a lifetime of carbon emissions, Apex is the perfect fit to be supporting Octopus Australia as they invest in renewables." "Our robust ...