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Showing 61 - 70 of 309 results for %22Challenger Life%22

Challenger names chief financial officer

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
... Federation of Accountants for two years and is a director on The Accounting Professional and Ethical Standards Board. Challenger chief executive Richard Howes said Grimes brings an outstanding track record as a leader in her field with significant experience ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
... decrease in net income to $31.6 million which Challenger said was due to lower transaction fees. In addition, Challenger Life recorded a 10% increase in sales to $3.4 billion, including long-term annuity sales while domestic annuity sales were up 11%. ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
Challenger will spend $35 million to buy Catholic Super's banking business, in a move that Bell Porter says could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected ...

Challenger seeks new life chief executive

KANIKA SOOD  |  MONDAY, 30 NOV 2020
Challenger is searching for a new chief executive for its life business, as the incumbent moves to a new role in its group leadership team. Chris Plater has been the life business' chief executive for four years, when he took over the role from ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
MLC Life Insurance, Challenger and TAL were big winners at this year's Plan For Life insurance awards, recognised for their innovative products and offerings. For health and wellness initiatives, MLC Life won four categories: the Overall Health ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
... fund, the Diversified Income Fund, last month. Brooks has been with Zurich for the last 15 years, having joined from Challenger in 2005. She's held a number of roles over the years, including regional manager for NSW/QLD and head of sales - life ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... were $192.2 billion, up 6.9% from the previous 12 months. While wholesale funds declined 2.2% over the year to June, Challenger led in terms of growth at 25.7% followed by BlackRock at 16.5% and Vanguard at 6.4%. The rest of the leading wholesale managers ...

HESTA adds to leadership team

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... proprietary trading at Credit Suisse and has also held chief investment officer roles at Austock Asset Management and Challenger Funds Management. "HESTA has been entrusted with investing the retirement savings of Australia's front-line carers for ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... immediate increase in age pension for certain asset tested retirees. In its FY20 results reported on August 13, Challenger Life - which includes annuities as well as other life products - saw total sales rise 13% to $5.2 billion. But total annuity sales ...

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... billion from instos and $0.9 billion from retail). CIP Asset Management, which pivoted earlier from managing just Challenger Life assets to accepting external money as well, saw -$1.3 billion in net outflows (from Challenger Life's investment portfolio ...