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Showing 81 - 90 of 366 results for "Annuity"

AMP Capital invests in India

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... and maintaining highways, roads and related projects. Its current road portfolio comprises nine projects from the Hybrid Annuity Model, a public private partnership that supports the development of India's road infrastructure, which has been a priority ...

Generation Life awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 5 MAY 2021
... Financial Risk Solutions (FRS) will provide an investment administration solution for its new investment-linked lifetime annuity and existing investment bond business. The software, InvestPro, provides unit pricing, cash allocation and rebalancing, tax ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... Challenger posted record life sales but warned investors of lower FY21 profits, as tighter credit spreads force it to change annuity pricing. The life business, which includes annuities and other products such as Challenger Index Plus, saw $1.37 billion ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... 'set and forget' kind of product, it actually limits the value they can add to a client if they sign them up to an annuity," said Altschwager. "This is problematic if advisers are turning away from annuities because it would mean a lost opportunity ...

Life Company of the Year named

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... advisers and their clients." AFA partnered with Plan for Life who provided the benchmarking research for life insurance, annuity and investment bond product awards. AIA Australia won the Service Quality Award while TAL's Accelerated Protection Life Insurance ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
... 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%. Earnings before interest and tax was $193 million. The annuities business ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... product to the market. Generation Life will manufacture, administer, market and distribute an investment-linked pension or annuity for Optimum Pensions. The agreement has a five-year exclusivity agreement, which may be extended for another five years ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... ASX-listed company will expand MLMF's term deposit offering by replicating the investment strategy it uses in its term annuity business. Second, the acquisition will allow Challenger to target a wider range of customers. Challenger managing director ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... fully curb longevity risk. Modeling of three retirement income products found allocating 100% of assets to a group self-annuity starting at 67 would yield the best results of $44,000 in average retirement income. Pennisi told an audience of members during ...

Which longevity product yields the highest income?

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... products for retirement income. Here's what came out on top. It found allocating 100% of retirement assets to a group self-annuity starting at 67 would yield the best results, at $44,000 in average retirement income. This was $400-$1900 higher per year ...