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Showing 81 - 90 of 674 results for "Lifetime"

AMP makes operations, product, strategy hires

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... continue to drive innovation through North, differentiating through market-leading retirement solutions like MyNorth Lifetime for both existing and new customers."

Old, retired males more likely to use a financial adviser: VanEck

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... larger pool of assets to protect and leverage and, having weathered more economic cycles and financial crises in their lifetime, they also tend to have a better grasp of "the value that financial advisers and other investment professionals can bring ...

Commonwealth Super reports strong investment performance

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... hands," he said. CSC became one of the first funds to launch a Retirement Income Strategy (RIS), which featured a new lifetime annuity option in partnership with Challenger to address the risk of some members outliving their savings, a series of trustee ...

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... first time we have surpassed $200 million in investment bond inflows in a quarter, and we also saw an increase in our lifetime annuity sales." Sales for its LifeIncome product are also up 28%, with the total LifeIncome FUM now at $42 million. This is ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... proposition and a new national advertising campaign for AMP Super." George said the group's retirement solution, MyNorth Lifetime, is attracting interest from both aligned and independent advisers, which helped drive the positive update. George also ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... is also to provide a "more flexible avenue for allocations from superannuation reserves." This would apply to legacy lifetime, life expectancy, and market-linked income stream products that commenced before 20 September 2007 or were converted from earlier ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... according to the Productivity Commission. For every $1 a Support at Home recipient pays, the government will pay $7.80. A lifetime contribution cap of $130,000 will also apply across the aged care system, no matter a person's means or duration of ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... company, "surpassing all our key metrics," including record sales for both investment bonds and its investment-linked lifetime annuity, LifeIncome, totaling $674 million. "This resulted in our funds under management (FUM) growing to an all-time high ...

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... informed decisions about their transition to retirement and available income options. Some of these options include a lifetime annuity which is designed to address the risk of outliving retirement savings. The fund partnered with Challenger to offer ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... result was driven by an ongoing strong performance in Challenger Life - its retirement income business that sells term and lifetime annuity products - and a "disciplined approach to cost management." Challenger's normalised net profit after tax (NPAT) ...