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Showing 61 - 70 of 891 results for "Challenger."

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
NGS Super has partnered with Challenger to provide guaranteed lifetime income for members. The agreement will give the super fund's 32,000 members aged over 55 "greater certainty" through blending an account-based pension with a guaranteed, regular ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
MS&AD Insurance Group Holdings has sold its entire 15.1% stake in Challenger to TAL. TAL, together with its parent company Dai-ichi Life Holdings, acquired the minority interest at $8.46 per share - marking a 53% premium to Challenger's closing ...

New gig for Challenger's ESG specialist

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
Challenger Ltd has confirmed the appointment of Charlotte O'Meara as the head of responsible investment. The annuity provider said O'Meara is tasked with leading the ESG framework across the investment teams at Challenger, helping the life and ...

Ares builds up wealth team with Fidante poach

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
After six years at Fidante Partners, Matthew Holberton has left to join Ares Wealth Management Solutions. The private markets specialist joins the US$$484 billion alternatives investment giant as a principal even as country head John Knox beefs up his ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
APRA's proposal to overhaul capital requirements for annuities is touted to be the most significant change for life insurers in more than a decade. The prudential regulator said it will detail its proposed changes in the second half of 2025. "This ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
ASIC is setting its sights on the private markets sector, flagging it will pay particular attention to the surging popularity of opaque private debt investments. The regulator lays out its concerns in discussion paper, Australia's evolving capital ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Challenger has reported a normalised net profit after tax (NPAT) of $225 million, up 12%, driven by higher earnings across its retirement income brand, Life, and its funds management division, according to its first-half 2025 results announcement. The ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
Most of Australia's custodians enjoyed double-digit growth in the second half of 2024, benefitting from strong investment markets and ongoing industry consolidation. Data from the Australian Custodial Services Association (ACSA) shows in the six ...

New starter at GCQ Funds

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
Doug Tynan's GCQ Funds Management has picked up an Ellerston Capital manager to look after advisory groups in New South Wales and South Australia. Nathan Boroughs has been appointed distribution director and will work closely with GCQ distribution ...

Frontier hires new real assets lead

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
Frontier Advisors has added a former Westbourne Capital executive to head up its real assets team. The investment consulting firm has tasked Lucy Minichiello with leading a dedicated team of eight infrastructure and property specialists and further ...