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Showing 71 - 80 of 366 results for "Annuity"

Generation Life launches retirement income product

CASSANDRA BALDINI  |  WEDNESDAY, 25 MAY 2022
... Generation Life LifeIncome, will be available exclusively through financial advisers and is an investment-linked lifetime annuity that pays an income for life. Amid the current cost-of-living crisis, Generation Life is looking to provide retirees more ...

TAL wins life company award for 2021

KARREN VERGARA  |  THURSDAY, 17 MAR 2022
... Trauma, Underwriting and Business Support. AIA Australia also swept four categories: Claims, Short-Term Income Stream, Annuity Innovation, and Investment Bond. Challenger was crowned the Overall Annuity Provider of the Year winner, and also won the Long-Term ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... scale alternative investment businesses globally. This, together with the added benefit of having the longest duration of annuity-like cash flows of any asset manager, means that it could now simply be separated from our capital." The asset management ...

Challenger adds market-linked annuity

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... retirement solutions. Ahead of the legislation of the Retirement Income Covenant, Challenger launched a market-linked annuity to its Liquid Lifetime range with five indexation options. Retirees can select from cash, conservative, conservative balanced ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... wants financial incentives for workers who take a portion of their superannuation assets as a lifetime income stream, like annuity, pension or pooled longevity products. This is a method that has been used by some funds already including QSuper, Cbus ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... survey finds. Those intending to retire over the next five years are putting such plans on hold, according to the Indexed Annuity Leadership Council (IALC), which found 33% of the 2000 participants it recently surveyed will not retire as soon as they ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
... excused. Under the law, the Maine Public Employees Retirement System "may not invest the assets of any state pension or annuity fund in any stocks or other securities of any corporation or company within the fossil fuel industry or any subsidiary, affiliate ...

TIAA commits to net zero

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... investor to commit to a net zero carbon emissions target is a $1.7 trillion US pension fund. The Teachers Insurance and Annuity Association (TIAA) has committed to net-zero by 2050 in its $280 billion general account. The account supports the flagship ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... The government is introducing a two-year amnesty for individuals in market-linked, life-expectancy, lifetime pension and annuity products from any provider which were commenced prior to 20 September 2007, including self-managed super funds. Throughout ...

Macquarie posts $3bn profit, makes hire

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... increase on FY20 and 68% of total income was attributed to international income. Macquarie Asset Management's (MAM) annuity-style activities along with Banking and Financial Services and businesses in Commodities and Global Markets (CGM) generated ...