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Showing 1 - 10 of 13 results for "Grant Hackett"

Generation Development Group to take over Lonsec

KARREN VERGARA  |  MONDAY, 3 JUN 2024
... non-renounceable entitlement offer. In 2020, GDG paid about $20.1 million to acquire a 37% stake in Lonsec. GDG chief executive Grant Hackett said the acquisition will provide GDG with "full ownership of a highly strategic asset in an attractive segment ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... September and December 2023, alongside a 37% rise in gross inflows compared to the previous period. Chief executive Grant Hackett said that the company achieved another very strong quarter, having recorded three consecutive quarters of substantial inflow ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... with just 18% relying on the expertise and support of the nation's financial advisers. Gen Life chief executive Grant Hackett said this research shows that people are overwhelmed by investment options so choose to take no action. "With the support ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... concessional tax rate for super balances over $3 million from 15% to 30%. As such, Generation Life chief executive Grant Hackett says investors may want to consider investment bonds as a tax-efficient alternative. Investment bonds have a headline rate ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
... the December quarter. The business also had $114 million sales inflows. GDG chief executive and managing director Grant Hackett called this a solid result in uncertain times. "The business experienced solid inflows in the second quarter of $114 million ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
... and linked to one asset with total inflexibility - but that's completely changed, Generation Life chief executive Grant Hackett said. The perception of traditional lifetime annuities has been quite negative over the decade, the retirement product marred ...

Optimum Pensions, Generation Life launch lifetime annuity

CASSANDRA BALDINI  |  WEDNESDAY, 3 AUG 2022
... retirement product that would provide protection against longevity and sequencing risk. Generation Life chief executive Grant Hackett described the linked lifetime annuity as "a game changer in the lifetime annuity space". "We saw a great opportunity ...

Generation Life launches retirement income product

CASSANDRA BALDINI  |  WEDNESDAY, 25 MAY 2022
... looking to provide retirees more options at a time where flexibility is crucial. Generation Life chief executive Grant Hackett said working alongside GBST has allowed the expansion and improvement of financial technology capabilities to build an innovative ...

Generation Life awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 5 MAY 2021
... tax-effective structure to launch a multi-asset portfolio. Commenting on the FRS mandate, Generation Life chief executive Grant Hackett said: "In selecting Invest Pro for the investment administration of our investment solutions, we get the most advanced ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... and better tax outcomes. We are delighted to now partner with Optimum Pensions," Generation Life chief executive Grant Hackett said. "We are now delighted to partner with Optimum Pensions. Together, we will deliver an innovative lifetime annuity that ...
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